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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (28931)	6/11/1998 6:30:00 AM
From: PaperChase	Read Replies (3) of 132070

MB. Is the Asia situation bad enough to bury bullish James Cramer? fnews.yahoo.com Cramer seems to be reinventing history. I remember how he said he wouldn't touch Ascend last year and all of sudden now Ascend is a hero in recovery. BTW, I think what is keeping GTW profitable (besides component makers keeling over on component prices) is the expansion in consumer credit by those "ever so clever" banks. This credit expansion seems to be helping every retail store around. I don't think that GTW gets wacked until next year. FWIW, I have seen GTW systems and monitors and I am not impressed as they are only marginally better than crappy CPQ models. Just goes to show you that companies don't need a great product to be successful, just good homey-style marketing. Declining industry PC pricing and the future PC on a chip will make GTW PCs worth about $100 under their buyback program two years out. <g>

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