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Technology Stocks : Gateway (GTW) -- Ignore unavailable to you. Want to Upgrade?

To: yard_man who wrote (5779)4/23/1998 9:42:00 AM
From: Tao  Read Replies (1) | Respond to of 8002
 
Why is gateway trading halted in the opening??



To: yard_man who wrote (5779)4/23/1998 3:23:00 PM
From: Buckwheat  Read Replies (1) | Respond to of 8002
 
The number of boxes shipped was up over 30%, sales in dollars was up less (a a little over 20%), and income was up about 12%. Also noteworthy was that overhead (S&GA) increased 33% from the past year. I guess as more stores are opened, the overhead percentage will continue to increase. It will be interesting to see if added sales will offset this, since the profit on each box will likely continue to decrease.

Buckwheat


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