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Technology Stocks : Dell Technologies Inc.
DELL 138.58-1.5%3:59 PM EST

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To: calgal who wrote (170292)7/21/2002 2:30:03 PM
From: kemble s. matter  Read Replies (3) of 176387
 
Leigh,
Hi!!

RE: Gateway, which reported its second-quarter earnings Thursday, saw its U.S. share plunge more than 18%. In the quarter, Gateway lost $58.5 million, or 19 cents a share, compared with a loss of $20.7 million, or 6 cents a share, a year ago. Analysts had been expecting a loss of 17 cents.

But Gateway CEO Ted Waitt said on CNBC that rising revenue quarter-over-quarter indicates Gateway is gaining share.

Ted's been smokin' his socks...

Best, Kemble
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