Team Rudy played poker on this one just like they did in the
Second Quarter--they didn't do a lot to bat down rumors that their
finance chief missed targets so was fired and that Romney would
lead the pack in the money race. They managed to make the $11
million total look impressive (or $10.5 million in the primaries).
More so than that the $16 million, the cash on hand (COH), jumps
out. It is more than McCain and Romney combined and will be plenty
to flood NH and Florida with paid media plus some for Michigan and
South Carolina as well. For McCain he must be pleased that he also
beat the expectations game. I'm guessing he will have more cash on
hand than Thompson (figures not yet available) given that Thompson
was in start up mode this quarter. But my caveat remains: Hillary
and the Democrats have a heck of a lot more money and donors.