Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: investorgal who wrote (10958)	5/23/1998 12:59:00 PM
From: H. Wai	Read Replies (2) \| Respond to of 14631

investorgal, Do you know how the revenue from IM like Octel is recognized? Does it mean that only after Octel ships the product to its customers will it pay informix? Also I am curious how informix knows the imminent revenue will be 6.2 million. Thanks, H.Wai

To: investorgal who wrote (10958)	5/24/1998 8:00:00 PM
From: Jeff Meredith	Read Replies (1) \| Respond to of 14631

investorgal sez: I guess I'm just dumb. So far the NEW Informix doesn't understand the new accounting rules my understanding is that the transaction(s) in question are allowable under the new accounting rules (SOP-97-2 ??) and that the new auditor, KPMG, was willing to go to bat for IFMX on this. instead of fighting a public battle with E&Y over the numbers the company chose to restate. surely, your IFMX contacts have told all of this already... i don't think you're dumb, my guess is you're a little bitter over the latest downturn. i admit to being ready to liquidate when the news first broke. i didn't. relative stupidity will eventually be determined. jeff