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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (53928)	3/30/1999 10:32:00 AM
From: Alias Shrugged	Read Replies (1) of 132070

I hear ya. I moved my money market funds over to a short term treasury mm fund. This Coke thing looks industry specific to me. gg I'm sure that the other multinational corps will do just fine with our dollar stronger against the euro and all of the goodwill being generated throughout the world with this NATO intervention. Surely, these consumers from euroland and asia can see the value of our products as evidenced by the higher prices - you know, using the stock market valuation model. I mean, we're talking QUALITY here. gg What happens after we've invested umpteen-billion dollars in creating this alternate sales/distribution channel (you know, the internet thing) splitting up the same sized sales pie? We are investing an awful lot in a channel which breeds zero profits and absolutley brutal price competition. Sales of telecom equipment and routers and servers and IBM services should level off at some point - 2010?? IBM may actually do quite well, saleswise. They are the great enabler. No IBM puts for me. Yet. Seems that whatever profit growth being achieved lately is coming from cost-cutting (especially from all the mergers). Doesn't look too bullish for consumer buying power. When will this debt-fueled binge turn down?

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