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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: michael97123 who wrote (119817)	11/30/2000 1:24:54 PM
From: Tony Viola	Respond to of 186894

There is a precedent to the Gateway thing, maybe. Back in March of 1999, Compaq warned for the quarter (this was under their previous CEO and CFO) and caused a lot of commotion by saying their slower PC sales were an industry-wide thing. Turned out it wasn't, it was Compaq specific. The CEO and CFO went out in a blaze of glory (not) about 2 months later, and Compaq has been on the rise (business wise) since. Could Gateway be the drowning man grabbing everyone else as they go down? Could be some of that, but I think it is getting clear that PC sales aren't that good right now. Gateway has blown a lot of crap around during previous not so good company announcements. The biggie, to me, is that Gateway is far too overweighted to PCs. They make claims that other stuff is 50% (??) but I don't see it. They just haven't had the time (inkling, money or opportunity?) to diversify yet. Probably never will now. JMO TV