Hysteria Over Acer-Gateway
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In his haste to get to all the varied interpretations of the Acer-Gateway(GTW Quote) deal, please forgive The Business Press Maven if he simply seizes up.
If anything, the coverage of this merger is a departure, because we usually get instant consensus marked by so much agreement across different media outlets that it comes at investors like thick, choking smoke. Here, strangely, there are different interpretations by the wagonload.
We'll eventually highlight the right interpretation. But your lasting lesson as a savvy investor is, as always, to never rely on one bit of reporting or opinion. (Note to reader: unless, of course, it is mine. Then rely away.)
Anyhow, to the Financial Times, the $710 million deal meant primarily that Acer's position will be strengthened in the American market. ...
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