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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (41050)	12/27/1998 7:18:00 PM
From: geewiz	Read Replies (3) of 132070

Hi Mike, everybody, happy holidays, with business shut down for several days I've caught up on the thread; quite an achievement. So PC prices are down hey? I noticed an egghead ad for a complete pentium system with monitor and printer for $700. The only thing GTW's got going for it is the internet service and it enables GTW to front load revenue that won't show up for several quarters. It was a clever strategy. Will it work? What % of buyers are taking the service? If Pony-tail what's his face ever tells the truth, it may be failure of this strategy is the truthserm. Looking at those January 45's....... On a macro-economic question, the popular theory going around is that we can monetarize our way out of a deflationary trend. It is behind the Feds' easing. It is the premise on which all the bulls rest assured. Extend it to its' logical conclusion and we have bank issuing credit to homeless people; internet companies selling at several hundred times sales.... what are the limits to monetary expansion? What's most likely wall we are going to run into? Hope the holidays were well celebrated at the Burke house, thanks for all the time you spend on the thread, later, art

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