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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: kemble s. matter who wrote (170279)7/19/2002 9:20:06 PM
From: Sig  Read Replies (1) | Respond to of 176387
 
GTW should have been liquidated long ago. The company is running on fumes and false hopes, losing half their remaining cash each year.
The only reason the stock has any value today is because of the inertia of institutions (including the ever-present Barklays Bank) who own 77 % of the float and just cannot bear to report a loss until the time it becomes most valuable as a write-off. Only 17% of the float is in the hands of investors whose buying or selling can have little influence on the price.
Goodbye, Gateway. I will miss the ads.
Sig



To: kemble s. matter who wrote (170279)7/20/2002 10:27:37 PM
From: calgal  Read Replies (1) | Respond to of 176387
 
HI Kemble!! I missed this article! :)Leigh

Dell snatches market share from rivals

By Michelle Kessler, USA TODAY

Dell Computer is grabbing market share from rivals Gateway and Hewlett-Packard, according to numbers issued Thursday by two research firms. Dell now has about 15% market share worldwide — a more than 13% jump year-over-year, researchers Gartner and IDC say. It's the No. 2 PC vendor worldwide.

"And at the rate they're growing, they're not going to be No. 2 for too long," says Gartner analyst Martin Reynolds.

H-P took over the top spot with 15% share, thanks to its merger with Compaq Computer. But that's down about 16% from H-P's and Compaq's combined share a year ago. That was an expected consequence of the deal, IDC analyst Roger Kay says.

Gateway, which reported its second-quarter earnings Thursday, saw its U.S. share plunge more than 18%. In the quarter, Gateway lost $58.5 million, or 19 cents a share, compared with a loss of $20.7 million, or 6 cents a share, a year ago. Analysts had been expecting a loss of 17 cents.

But Gateway CEO Ted Waitt said on CNBC that rising revenue quarter-over-quarter indicates Gateway is gaining share.

Overall, the PC industry remained sluggish. Shipments were down slightly year-over-year. Unexpected consumer demand, which helped boost numbers in the first quarter, disappeared

usatoday.com