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 : TAVA Technologies (TAVA-NASDAQ) -- Ignore unavailable to you. Want to Upgrade?

To: Karl Drobnic who wrote (29425)	3/10/1999 1:52:00 PM
From: JOHN R. PERKINS	Respond to of 31646

KARL: Sure hope you are right in this matter you just posted...

To: Karl Drobnic who wrote (29425)	3/10/1999 2:21:00 PM
From: JDN	Read Replies (1) \| Respond to of 31646

Dear Karl: Well, if I am called the "Expert" I have to bill you! haha. But, as just another Joe on the board, here is the answer. Realization of previously "Reserved" (Allowance for Doubtful Accounts) receivables rolls directly into OPERATING income not a one time thing (Called Extraordinary Income). Why? Because there is nothing unusual (Extraordinary) about Reserving (allowance for doubtful accounts) potential bad debts (doubtful accounts). [I put all this extra info in for that fellow who calls himself Larry Brew but in REALITY his name is Doubting Thomas]--haha. JDN PS: Uh Oh--I forgot to define REALIZATION. Means RECOVERY.