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Technology Stocks : Gateway (GTW)
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To: DWW II who wrote (4965)12/7/1997 8:47:00 PM
From: Skeeter Bug  Read Replies (1) of 8002
 
problem is that when you take out all the bad stuff and negate the tax benefit that only occurred b/c of the bad stuff gtw still only made, and i quote, "marginal earnings."

poor management caused the inventory problem. the same poor management still works for gtw. if you gauge last q's results and included the contribution of poor management and excluded extraordinaey items then gtw LOST money. ignore that fact at your own risk, imho.

what you say are problems are definitely problems. however, they are small compared to the big problem.

the mid to high end computer markets are shrinking while competition is heating up. only the small end market where gtw doesn't and can't compete is getting bigger. that is the problem.
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