<< Read Full Article

Investors Pound Gateway After Its Wednesday Warning

 

Updated from 10:28 a.m. ET

Perhaps the much-publicized division of the American electorate, after months of manifesting itself in alternating claims that Bush is stupid and Gore can't be trusted, has finally trickled into the personal-computer market. Perhaps, just as James Baker and the Fox News Channel have been warning, the anxiety caused by the Florida hand recount really has killed the economy.

Tech Wreck
Altera Lowers Fourth-Quarter Revenue Guidance
The Night Watch: Gateway Opens Wide to Sellers After Profit Warning

Whatever. Whether you blame it on the ever-sickening stock market or a Fed-induced slowdown, no one's buying any PCs this holiday season, according to Gateway (GTW Quote), which warned Wednesday night that it would miss fourth-quarter estimates for both sales and revenue by a shockingly wide margin. ...

<< Read Full Article

Recent Comments

Loading .....




Dow Jones S&P 500 NASDAQ 10-Year Note
10,328.89 1,102.47 2,211.69 35.46
Oil *
73.88
UP
20.63
UP
6.40
UP
31.64
UP
0.59
10 Yr
3.55%
SPDR Gold
108.95
+0.20%
+0.58%
+1.45%
+1.69%
Data delayed 20 minutes

More From TheStreet

Latest Headlines

Brokerage Partners

TheStreet Premium Services

All Services