GTW On A Roll? | The Mac Observer Forums

GTW On A Roll?

DawnTreader

Posted: 08 March 2004 07:21 AM

[ Ignore ]

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Total Posts: 21066

Joined 2002-01-04

Is Gateway on a roll? Since announcing the accquisition of eMachines GTW has been moving steadily higher. In midday activity on Monday GTW is trading at $5.93, less than a dollar a share below its 52-week high of $6.85 set in September.

The market may be viewing the eMachines acquisition as a positive move, allowing the PC maker to close money-losing Country Stores as the volume from low-end PC sales provides the company with greater market exposure.

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DawnTreader

Posted: 19 March 2004 10:54 AM

[ Ignore ] [ # 1 ]

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Total Posts: 21066

Joined 2002-01-04

GTW is currently trading at about $5.30 per share following the formal completion of the eMachines acquisition. This is an interesting stock to watch as Gateway reengineers its business model and store strategy in light of the eMachines buy.

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dmbream

Posted: 19 March 2004 01:13 PM

[ Ignore ] [ # 2 ]

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Total Posts: 222

Joined 2003-05-05

[quote author=“DawnTreader”]This is an interesting stock to watch as Gateway reengineers its business model and store strategy in light of the eMachines buy.

While on the subject, an interesting read:

Best Buy “troubled” by Gateway, eMachines link

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