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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Skeeter Bug who wrote (29623)	7/10/1998 11:28:00 AM
From: yard_man	Read Replies (2) \| Respond to of 132070

meeting or slightly exceeding expectations with smaller than expected revenue growth would be my guess. If that happens, puts will do fine.

To: Skeeter Bug who wrote (29623)	7/11/1998 4:05:00 PM
From: Earlie	Respond to of 132070

SB: You could be right, but I know they experienced disappointing sales in the first part of the quarter, and needed a strong final few weeks to provide a rescue. Not in the cards,....June was ugly for everybody. Last quarter, as we've discussed, the numbers were disgustingly rigged. They may get one more quarter's worth of slime out of the big "restructuring" but I doubt it. Time will tell. Certainly the insiders aren't hanging around to await the market's reaction to the numbers,.....they've long since departed. Even if they do slither past this quarter's report, it is just a matter of patience. GTW's business model, is plain dumb. Selling only at the carriage trade end of the spectrum makes little sense when most of the game has migrated to the discount basement. I look for further "restructurings". (g) (Apple's made a science of it.) Best, Earlie