Kendall Square Research was a small competitor in the supercomputer industry. As sales grew rapidly in 1992 and early 1993, the company sold shares to the public for the first time, and analysts forecast higher earnings for 1993. However, when the company's revenue recognition practices were questioned answers have been devastating. "Hide
by William J. Bruns Jr. Source: Harvard Business School 18 pages. Publication date: April 12, 1994. Prod. #: 194068-PDF-ENG
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