Guitar Center (GTRC) Message Board

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Non-Tech : Guitar Center (GTRC)

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To: fubsy cooter who wrote (10)	10/7/1998 9:29:00 PM
From: Uncompaghre	Read Replies (1) of 21

Excited? I'm sorry to say I am not. Money for smaller companies is becoming harder and harder to find. The financial institutions are not offering credit to any but the largest and most secure of companies. This will hurt GTRC for the short term. It may look attractive now but how low will it go? The OTC stocks are in a free fall now. Who ever thought to see DELL and CSCO where they are now...much less the depth of the correction in the smaller co.'s. I'll watch GTRC but I need to see a loosening of the purse strings of the lenders and a hardening of the ground under the worldwide financial markets before re-wetting my feet.

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