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

To: Kathleen capps who wrote (6258)	7/25/1998 9:46:00 PM
From: JPh	Read Replies (1) \| Respond to of 8002

This was posted on YHOO's board: post.messages.yahoo.com@m2.yahoo.com Any comments on these ? Fact #1/ Gateway lied on national TV, to millions of people, and embarrassed CNBC. Fact #2/ Gateway has been fined for illegal activities before Fact #3/ Gateway has missed estimate several times. Last it forecasted a huge loss, it was in September of last year, which is the same quarter as this coming quarter. Fact #4/ Country stores has proved to be non revenue generating, cash burning flops. Fact #5/ Thanks to Country Stores, Gateway couldn't make numbers Fact #6/ Sales was sequentially down. Read: Sequentially down. Fact #7/ Management knew of the two weak months. They saw it, yet they made a market call, gamble on investor's money. Fact #8/ Lying on national television, restating earnings, are two indicators of fraud and book cooking, which will be punished severely by Wall street. Fact #9/ Severe technical damage on the chart Fact #10/ GTW was at low 40's last month, IT was in the 20' last year at this time, after coming out with a warning about too much expenses. Fact #11/ Yourware Financing means there will be shipments out, but less money in. Gateway now is a computer seller and a small time creditor at the same time. $ number will be smaller. And Wall Street knows. Another bogus. Fact #12/ 60% shipments comes from Yourware Financing Fact #13/ Gateway has ducked from returning CNBC's phone calls. What is to hide ?