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Technology Stocks : Gateway (GTW)
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To: yard_man who wrote (6189)7/23/1998 11:06:00 PM
From: IceShark  Read Replies (1) of 8002
 
tip, pruguy doesn't have a clue as to what this all means.

It would appear that one of the credit card banks MNBA is doing the financing. So, how does this work - like GMAC and the car dealers? I don't know how it works now, but some time ago car dealers would get a cut for referring the buyer to GMAC but also got stuck with the car and a share of loss when the buyer defaulted. How will this work for GTW?

So GTW might not be getting into the financing biz themselves- they are just chasing around trying to dream up new schemes to push product.

Regards, DWW
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