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Technology Stocks : Gateway (GTW)
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To: AreWeThereYet who wrote (4406)10/28/1997 6:59:00 PM
From: TLindt  Read Replies (1) of 8002
 
Andy if you think DIMD has potential....go talk to beachside bill on SIII , he and I tore that thing up........they had every problem you could think of namely.....a line of products that had all made the transistion to commodity status as they say..

They ended up eating nearly all the unsold inventory in the channel....murdering their quarterly......I believe it was 2Q revenues....then they promptly marched from 6ish to over 13.....why who the heck knows....their revs were down big time they realized the problems.... 33.6 modems, 2D cards, out dated and turned to commodity status by the market.....they eat it all in one Q and turned on a dime in stock price..without showing that it would work.......go figure?

But they must have been rewarded by the Street for doing what the Street thought they should do......future expectation vs. results........It'll kill you every time if you're on the wrong side of it in TECH.
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