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To: sammaster who wrote (73347)2/28/2001 4:37:38 PM
From: AllansAlias  Respond to of 436258
 
CIEN

A good candidate for more giving. Recall early in Feb we talked about it breakding down out of a large wedge -- going back to 1998. This one is just getting underway really.



To: sammaster who wrote (73347)2/28/2001 4:41:08 PM
From: chuck_ponzi  Read Replies (1) | Respond to of 436258
 
Also to restate 2000 results.



To: sammaster who wrote (73347)2/28/2001 4:43:45 PM
From: patron_anejo_por_favor  Respond to of 436258
 
<<gateway warns!!!>>

So they did. This one's following Boston Chicken down the road the companies CFO knows only too well....

How does GTWQ look? I'd say its a perfect soize!<G>

biz.yahoo.com

The warning here is interesting, in that they blame their financing operation. In it, they admit they packaged and sold $500 million of receivables? Guess that's sitting uncomfortably in someone's money market fund as I type this....

Separately, the company announced that on February 16, 2001, it sold approximately $500 million in finance receivables to a third party at book value with no recourse. Following the sale, the company held about $300 million in finance receivables before reserves for loans to its customers. Cash from the sale will be used for general corporate purposes. As of February 16, Gateway had a balance of about $1.0 billion in cash and marketable securities.

I would LOVE to know who they pawned that $hite off to!

Do you know where your money market is tonight?<G>



To: sammaster who wrote (73347)2/28/2001 4:47:35 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
they seem to warn almost every week....