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Technology Stocks : Gateway (GTW)
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To: Skeeter Bug who wrote (6928)12/9/1998 5:48:00 PM
From: D. Swiss  Read Replies (1) of 8002
 
Skeeter, just heard back from IR today. They are still saying that 40% is a stretch, but sales have been strong since the holiday weekend. They are still comfortable with the .78. They are holding down SG&A expenses and ASP's are in line with guidance. The guidance was a decline of 3-5%, but they are hoping to keep it closer to the 3% number. Gross margins are anticipated to flat to up slightly.

:o)

Drew
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