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

To: Skeeter Bug who wrote (6425)	8/7/1998 8:23:00 PM
From: Kip518	Read Replies (2) \| Respond to of 8002

Didn't someone on this thread just say that nothing was happening at the Ireland plant? Well they better start looking busy! President Clinton, Irish Prime Minister Ahern To Visit Gateway Dublin Business Wire - August 07, 1998 20:16 NORTH SIOUX CITY, S.D.--(BUSINESS WIRE)--Aug. 7, 1998--Gateway, (NYSE:GTW) a global leader in the direct marketing of PCs, today announced that President Bill Clinton and Ireland Prime Minister Bertie Ahern will visit Gateway's Dublin, Ireland facility on Sept. 4, 1998. The visit will take place as President Clinton returns to the United States from an historic summit meeting in Moscow. The two leaders are expected to tour Gateway's manufacturing, marketing and sales facility and meet with employees. "We're thrilled to be part of President Clinton's historic trip," said Gateway Chairman and CEO Ted Waitt. "We look forward to introducing the President and Prime Minister Ahern to Gateway. Our entire team at Gateway Dublin is eager to welcome these world leaders and be part of their visit to Ireland." Gateway opened its Dublin facility in November, 1993. It is the headquarters for Gateway's operations in Europe, the Middle East and Africa. It is one of Ireland's largest employers with approximately 1,600 employees.

To: Skeeter Bug who wrote (6425)	8/9/1998 9:02:00 AM
From: Kory	Read Replies (1) \| Respond to of 8002

Skeeter, We can split hairs all day long about marginal amounts in the quarterly EPS. I understand that Gateway reported more interest income, but they also reported increases in sales and gross margins. Offsetting this, they reported significantly higher selling expense and also 1.5% higher income taxes. You pick out interest income and say this is not part of the "core business". I could do the same for the increase in income taxes. Also could make an argument that some of the selling expense is "one time" startup costs for the new programs. Or that numerous of the G&A cost increases don't relate to selling PC's and should be excluded. Fact is that we see what we want to see. You argument about VALUE is just as absurd as the markets. So how would you value Micron? Obviously you feel $7 billion is much too high, but what price tag would you put on it? (For the record, I have never owned Micron). As for your numerous stocks which will be ten-baggers, history tells us that it is absurd to think that many companies will experience that type of price appreciation in 5 years. Kory