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Politics : Ask Michael Burke

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To: Skeeter Bug who wrote (29623)	7/11/1998 4:05:00 PM
From: Earlie	of 132070

SB: You could be right, but I know they experienced disappointing sales in the first part of the quarter, and needed a strong final few weeks to provide a rescue. Not in the cards,....June was ugly for everybody. Last quarter, as we've discussed, the numbers were disgustingly rigged. They may get one more quarter's worth of slime out of the big "restructuring" but I doubt it. Time will tell. Certainly the insiders aren't hanging around to await the market's reaction to the numbers,.....they've long since departed. Even if they do slither past this quarter's report, it is just a matter of patience. GTW's business model, is plain dumb. Selling only at the carriage trade end of the spectrum makes little sense when most of the game has migrated to the discount basement. I look for further "restructurings". (g) (Apple's made a science of it.) Best, Earlie

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