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

To: Kory who wrote (6853)	10/27/1998 4:52:00 AM
From: Skeeter Bug	Read Replies (2) \| Respond to of 8002

kory, first off, this is investing. nothing moral about it. there is no moral high road to take. ;-) just data to analyze. cash flow and earnings can be two completely different things. many, many companies have consistent one time write offs. much more now than in the past. much, much, much more. gtw had a nice write off last year. did that make eps look better? of course it did. by a lot? of course it did. the only issue is how legitimate it was. you're right, i don't have all the details. know why? gtw won't tell all the truth and even if they did i wouldn't believe them b/c they have shown themselves not to be credible. they say they will hit estimates and don't - while they are selling stock. they say "in like a lamb out like a lion" when the results proved them wrong. i just don't have glossy eyes, kory. i'm a sceptic b/c i've seen the tricks companies play. it is kind of fun to figure out how the companies will manipulate the true believers. as was pointed out, gtw reported shipments. why, kory? ;-) name one stock that you really liked and then turned out to really dislike, kory. please referene the posts where you were negative and then positive. back to gtw... current assets were up $400 million. current liabilities were up $200 million. net change was a positive $200 million. stockholders equity up $266 million. net market cap change $4,000 million. you do make a good point about cash. cash is king and as long as it is growing things can't be all that bad. except when you consider valuation. btw, with all this cash, when do you expect a dividend? good luck.