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Politics : Ask Michael Burke

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To: Bill F. who wrote (53513)	3/26/1999 10:17:00 AM
From: Knighty Tin	Read Replies (1) of 132070

Bill, Don't come around here mentioning these co. specific events as though they really mattered. <g> The channel is in absolute disarray. Did you see the CHS announcement a few days back? When I was talking about channel problems several months ago, CHS was the example the bulls used to prove I was wrong. And it was a strong argument. I couldn't figure out how they were doing so well. Now we know. They were lying about their earnings, a classic technique. Instead of up 5%, they were down 49% and they will restate. <g> I love the fact that the gullibulls say it all has to do with direct sellers taking share. What a joke. 30% of the market is growing so fast that it makes up for 70% being in a nose dive. <g> And they say this despite the fact that MUEI had a disastrous quarter and both Gateway and Dell missed revenue expectations. I guess when you are an apostle of a failed religion, you hold on until the Mother Ship gives the order to bail. <g>

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