Given the fact that not one analyst currently has a 'buy' rating on Gateway stock, I think Mr. Inouye leaving Gateway is good news for shareholders. The company has successfully cut costs, but now it's time for them to focus on increasing shareholder value.
More Quotes from Ted Waitt:
By the time we get to the strategy area, (the board members) are exhausted. And we need serious strategic decisions right now.Ted Waitt
Is the PC dead I definitely don't think so. I think there's a lot of legs left in the PC. We're going to look at and continue to invest in information devices. I still own 100 million shares in this company, and I'm going to do everything in my power to insure this company's success.
Ted Waitt
We're continuing to see consistent demand across all segments now,
Ted Waitt
We've made a lot of progress in 2001 and now it's time to grow,
Ted Waitt
It's a natural step in the expansion of our direct business model.
Ted Waitt
Jeff's appointment to CEO is both a formalization of the roles we've essentially been playing for the last year and a recognition of the outstanding job he's done preparing Gateway for the next century.
Ted Waitt
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