Ask Michael Burke Message Board

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.

Politics : Ask Michael Burke

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Knighty Tin who wrote (67354)	9/8/1999 2:50:00 PM
From: PaperChase	Read Replies (2) of 132070

>>To All, My ISP has been down for two days,<< Oh, I guess you got one of those "free" ISP services. <g> Whatever you do don't get one of those yet unannounced "free" long distance services or you'll never be able to place a trade. >> It is difficult to imagine, but we may be working a channel stuff even larger than last year and the year before. We do know that the retailers are not selling diddly squat while the OEMs have massively increased shipments << Back to school sales of PCs also sucked but only at the retail stores. Why? Because consumers are now smart enough to buy from GTW and DELL. Six months ago there was a mad rush at Office Max when they liquidated a PC box alone for $500. Today, the retail stores are missing customers at the PC counter even though a CPQ or HWP box plus monitor has a sign in front of it saying "free" after rebate. GTW and DELL are eating the PC market share of high rent retailers like CPU and now maybe even BBY. I think you need to split your opinion on the market dynamics rather than paint the industry with a broad brush. Here, look see, a Reuters high schooler called this one correct in an article about Ingrown Micro: "The earnings shortfall comes amid continuing turmoil in the computer industry, which has been hurt by falling prices and basic changes in its inventory supply chain as businesses and consumers have increasingly begun to favor direct purchasing instead of indirect corporate distributors and retail outlets." dailynews.yahoo.com Just bought some Global Tele (GBLX) today. Yee ha! If Microsoft and friends can pony up $350 mill. then certainly I can pay $24K for 1K shares. <g> Lots of fear in the long distance players so lots of volatility. Still playing the cable equipment long plays. HLIT is going to pull a Brocade and touch $200, and then I may foolishly buy some puts. All it will take is one press release from HLIT for those long gapping graph lines to move up. Here is my simplistic view of PC sales by Office Depot, Office Max, Staples et al. Message 11162964

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next