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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Peter Singleton who wrote (44329)1/22/1999 5:22:00 PM
From: Knighty Tin  Respond to of 132070
 
Peter, Despite some sharp pencil accounting on the earnings side, Gateway did miss their consensus revenue target for this quarter, which they ahd previously lowered from a higher level. It wasn't negative, that's for sure, but it did not come in as high as expected.

They did have an odd statement that they grew twice as fast as the overall market, which would put pc revenue growth at 8 1/2%. However, I think they mean home pc sales numbers, as they have no way of knowing business sales numbers yet. And that sounds like the total is kinda low, as I think home pc revenues came in up about 12% for the industry.

MB



To: Peter Singleton who wrote (44329)1/22/1999 5:53:00 PM
From: Ilaine  Read Replies (1) | Respond to of 132070
 
>>>>>the company's valuation is way too low at a multiple of less than 9 times enterprise value to net cash flow from operations<<<<<

Whoa! That's a new one on me. They keep coming up with fancy, imaginative ways to value these companies, don't they?