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Technology Stocks : IFMX - Investment Discussion -- Ignore unavailable to you. Want to Upgrade?

To: investorgal who wrote (10934)	5/22/1998 5:18:00 PM
From: Mark Finger	Read Replies (3) \| Respond to of 14631

>>How many other major software vendors that you know of are restating >>their earnings for Q1? There are excuses coming out of the woodwork. What I have seen is that most other vendors are not in compliance with the new rules yet. Sybase seems to be trying to do it starting last quarter or this quarter. I am pretty sure that Oracle is not at all. Microsoft may have be, but it was easier for them to beat the data out of their customers earlier than anyone else because of their monopolistic position (and the new rules meant more reporting on the part of customers with little other advantage to the customers in exchange). Besides, Microsoft went to the new accounting because they wanted to slow revenue recognition and smooth out the revenue flow (especially back when they released Windows 95).