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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Paul Engel who wrote (85233)	1/5/2000 4:39:00 PM
From: Cirruslvr	Read Replies (1) \| Respond to of 1572033

Paul - RE: "Gateway had Y2K problems - so they DIDN'T HAVE enough orders - but they couldn't get enough chips from Intel to fill the orders that they DIDN'T receive - right ?" Weird, huh? The Y2K problem was a business problem and the not enough processors was a consumer problem. I guess each uses different processors. These two paragraphs are in Gateway's press release - "''Supply of key processors and motherboards was severely constrained, spotty and unreliable, particularly in our consumer sweetspot in the $999 to $1299 price range. We're in the process of fixing that issue now and will have news on that front in the very near future,'' said John Todd, senior vice president and chief financial officer." "As for Y2K, the company said that concerns among businesses delayed sales in December, causing Gateway's business-to-business sales to decline approximately 6 percent for the quarter. The Y2K fears appeared most prevalent among large businesses and government and education institutions, where sales declined approximately 15% in the quarter. However, Gateway's sales to small and mid-sized businesses -- one of its key target markets -- remained strong, increasing approximately 35%." biz.yahoo.com