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


To: D. Swiss who wrote (7052)2/22/1999 6:39:00 PM
From: jhg_in_kc  Read Replies (1) | Respond to of 8002
 
Niles , same guy who warned about Dell says , referring to Gateway, 1999 will be "the year of the cow."
jhg



To: D. Swiss who wrote (7052)2/23/1999 10:00:00 AM
From: William F. Wager, Jr.  Read Replies (1) | Respond to of 8002
 
Piper Jaffray Inc. analyst Ashok Kumar also pounded the table on Gateway dubbing
1999 as "the year of the cow," referring to the computer maker's black-and-white
cow-spotted logo.

Kumar raised his first-quarter earnings estimate to 90 cents a share from 59 cents and
his 1999 estimate to $3.87 from $2.82. In a research note, Kumar said Gateway's
expansion of its Country Stores is expected to generate sequential revenue growth of
4% in its March quarter.

In addition, better execution in Europe is expected to be a positive contributor this year,
the analyst said. He said he expects Gateway to triple its 200,000 current subscribers to
its gateway.net Internet service by year-end.