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Technology Stocks : Dell Technologies Inc.

DELL 127.22

+3.8%

3:59 PM EST

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To: OLDTRADER who wrote (170899)	9/14/2002 7:36:42 AM
From: stockman_scott	Read Replies (3) of 176387

07:08 ET Gateway could go for $5 in leveraged buyout (GTW) 3.10: Business Week reports that some hedge funds have been loading up on Gateway amid speculation of a possible leveraged buyout. According to article, there have been whispers that an investor group has talked to CEO Ted Waitt, who owns 31% of the stock, about the LBO. One pro close to the situation and buying says the group puts the buyout value at $5 a share, which would be about $2 above co's cash value.

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