Friday, May 21, 2004

Gateway claims profitability by 2005

Gateway announced they intend to be profitable by 2005. The new management team at Gateway is really transforming the company into a more traditional CE / Computer manufacturer. The new CEO worked at Best Buy way back in the day so he certainly understands the power of distribution when it comes to CE products. If Gateway can get their products into Best Buy, Circuit City, and even WalMart expect them to possibly hit that 2005 date.

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