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

To: Richard Makowiec who wrote (43299)1/14/1999 10:06:00 AM
From: yard_man  Respond to of 132070
 
I'll take a closer look and get back to you -- but their business hardly grew on a quarter by quarter comparison -- so maybe the acquisitions weren't all that great an idea? ...I think the earnings represent lack of pricing power ...acquisitions are an excuse that have been used ad nauseum.

We know the game -- take a huge charge and if business stinks you're covered -- nevertheless, I'll take a look ...



To: Richard Makowiec who wrote (43299)1/14/1999 1:43:00 PM
From: Peter Singleton  Respond to of 132070
 
Richard,

Agreed. I couldn't see evidence from MICA's earnings press release of stalled PC sales. If I remember correctly, distribution revenues were up 19% year to year, and 9% sequentially. There's no information to indicate whether box share of distribution was up, down, or the same ...

The only anomaly that jumps out on a cursory look is a very big jump in Receivables, similar jump in Payables.

Peter


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