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Politics : Ask Michael Burke

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To: Skeeter Bug who wrote (24047)	10/26/1997 6:30:00 PM
From: Doug Soon	Read Replies (1) of 132070

Skeets, at last an analyst's opinion without the usual bull spin. "Nomura said it cut its rating on shares of GATEWAY 2000 INC to neutral from buy after the company reported a net loss of $0.68 per share for its 3Q. Analyst Daniel Ries said lone bright spot in Gateway's results were revenues, which rose 25.1% to just over $1.5 billion. Reduced 1998 estimate to $2.00 from $2.18 a share. While Gateway continues to gain market share by growing at nearly twice the market's average rate, it seems to have lost ability to grow and also deliver operating margins in 6% to 7% range. Ries said was particularly concerned by impact of lower average sales prices on company's margins. (Reuters 02:41 PM ET 10/24/97)" Maybe the anals are finally catching on to this puppy. DS

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