Maybe yesterday, April Fool's Day, wasn't the best choice for an announcement of this magnitude: Gateway
Last month, the firm purchased budget computer maker eMachines and shuffled that firm's management into Gateway's boardroom. For those of you who are asking yourselves "Doesn't Gateway already make computers?" here is a whirlwind refresher:
Gateway is really trying to find its soul. It pretty much got clobbered in the computer market by monsters Dell
Exiting the retail business may remove some expensive overhead, but even a casual observer can see that what the firm really needs is a focus. Gateway may have gumption, and it may have a cash cushion, but shareholders should also hold out for some clarity and -- dare I suggest? -- evidence of a strategic advantage. The shelves of Best Buy
David Gardner recommended Dell for subscribers of Motley Fool Stock Advisor . You can check out the newsletter, with a money-back guarantee, for six months.