Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Kory who wrote (6861)	10/30/1998 6:50:00 AM
From: Skeeter Bug	Read Replies (1) \| Respond to of 8002

>>$45M - abandonment of internal use software (more intangibles) $9M - severance for facility shutdowns $49M - inventory write-down<< kory, i didn't say future earnings nor did i mean that. these three items reflect negatively on a management that is still there, still working hard. these write downs were the result of management decisions. if you take the $100 million dollar loss and GO BACK WHEN THES LOSSES WERE BEING ACCRUED it would greatly offset the earnings of this company. my question to you. what internal software is being abonded now? what facilities may be shut down in the future? what inventory is going to be written down in the future. btw, surely you must know it is entirly disingenuine to imply that gtw had one bad q of 6% growth. i can't believe you said that. >they did it again.<< kory, you are not thinking clearly if you would dare compare applea and oranges. they DID NOT DO IT AGAIN. in order to do it again the ceo would have had to come out and say business was bad and the ceo would have had to specifically say that gtw wouldn't achieve or would just achieve estimates. they did neither so your comparison is utterly weak.

To: Kory who wrote (6861)	11/3/1998 6:51:00 PM
From: NewsTrader	Read Replies (1) \| Respond to of 8002

(NewsTraders) -- Gateway 2000 Inc. (GTW) Chief Financial Officer David J. McKittrick registered to sell 100,000 shares of common stock on October 28 with a market value of about $5.5 million, according to a Form 144 released late Monday by the SEC. McKittrick owned 174,000 as of March 1, 1998, according to the company's latest proxy. Chairman and CEO Theodore W. Waitt registered to sell 750,000 shares of common stock on October 26 with a market value of about $33.7 million, according to a Form 144 released today by the SEC. Waitt owned 65,617,800 Common as of 13-Aug-98