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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?

To: Elwood P. Dowd who wrote (94230)	12/13/2001 2:03:43 PM
From: The Duke of URL©	Read Replies (2) \| Respond to of 97611

OT, sort of: "Gateway (GTW: news, chart, profile) was trading at $1.50 above cash on its balance sheet with no debt back in September" I find this VERY difficult to believe. It may be that gateway is saddled with that dreaded disease, Enronitis. I would think that for a company that hasn't made any money for 3 years, and pissed away a Billion Dollars on the Gateway stores, would not be wallowing in debt-free cash. Perhaps, they have the receivables factored, and don't disclose the debt on the balance sheet. Which GAAP allows you to do. I dunno, I'm just noodlin here, but there must be some reason it went from 80 to 9. HMMMMMMMMM.