GTW:.....occasionte tecnica da non perdere

Buyout Chatter For Gateway
Matthew Kirdahy, 03.15.07, 1:25 PM ET


Tear Sheet Chart News

Rumors are swirling that computer manufacturer Gateway could be acquired by a top PC vendor in Asia.

On Wednesday, reports surfaced that Taiwanese computer manufacturer Acer could make a major acquisition in the PC area within the next two years, possibly in the U.S.

Analysts said Gateway (nyse: GTW - news - people ) is a likely candidate for a possible strategic buyout. Such a transaction would put a company like Acer, with a faint presence in the U.S., in third place in the domestic PC race behind Hewlett Packard (nyse: HPQ - news - people ) and Dell (nasdaq: DELL - news - people )

Needham & Co. analyst Charles Wolf called Acer a "tiger," fiercely competing on two continents and now looking to strengthen its presence on a third, though it can't be done without a sound plan for Gateway, which comes with its share of financial baggage.

There is some unattractiveness," Wolf wrote in a client note. He described Gateway as "barely profitable," which is why private equity wouldn't dare show an interest.

Gateway also owns the Irvine, Calif.-based computer company eMachines, which it purchased for $235 million in 2004.

WR Hambrecht & Co. analyst Matthew Kather said Gateway would likely expect a significant premium to its stock price feeling its shares are undervalued, though he didn't put a price tag on the company.

Lenovo, the Chinese computer manufacturer that bought IBM's (nyse: IBM - news - people ) PC business for $1.75 billion in 2005, may also vie for Gateway.

"Lenovo could take over Gateway and have immediate an third place in the States," Wolf said. "Over time they could change the Gateway brand into the Lenovo brand since (Gateway) doesn't have much brand equity anymore."

Shares of Gateway were down 1.3%, or 3 cents, to $2.24 in Thursday afternoon trading.




  • ScreenHunter_7.gif
    33,4 KB · Visite: 55

Look Out, Lenovo. No. 4 Acer Aims To Take Over No. 3 PC Maker Spot.

Posted: Today at 7:58 a.m.

RESEARCH TRIANGLE PARK, N.C. – Lenovo may soon feel some very competitive heat in maintaining its status as the world’s third largest computer manufacturer.

The chairman and chief executive officer of No. 4 – Acer, which is based in Taiwan – is making it clear that the company wants to grow, especially in the U.S. And Lenovo is the target.

Any day now, Acer could announce an acquisition as part of that growth strategy. Various media sources, such as DigiTimes in Taiwan, are reporting that Acer could move to acquire U.S.-based Gateway.

If Acer buys Gateway, which still sells a bundle of computers at retail outlets despite its well-documented troubles in recent years, it could vault past Lenovo. Of course, Dell and HP remain 1-2 or 2-1, depending on the quarter, by a wide margin. But No. 3 does sound better than No. 4, and Acer is definitely targeting an increased market share in the U.S.

Coincidentally, so does Lenovo. CEO William Amelio has committed Lenovo to driving up U.S. sales this year. Lenovo’s recent splurge of marketing deals, promotions and its embrace of Microsoft on Wednesday as the default choice for Web and search tools loaded on PCs and laptops reflect Amelio’s drive. With Lenovo’s ThinkPads and other models available through Best Buy and Circuit City and the Lenovo brand receiving more global advertising through deals with soccer, NBA, Formula 1 racing and the upcoming Olympics in China, the Morrisville-based company certainly should create more buzz if not sales.

But in an interview with The Wall Street Journal this week, J.T. Wang, Acer’s top executive, indicated he is determined to leapfrog Lenovo.

We are looking at some candidates which we want to pick up,” he told The Journal. He said a deal would be “meaningful” and that the company already has had “certain discussions” with a target.

DigiTimes, quoting industry sources, said that Acer “is actually targeting US-based Gateway for the merger.”

Acer is growing, but Wang isn’t satisfied, and he really wants more U.S. share DigiTimes said.

“If the company want to increase its US revenue proportion to more than 25%, it is necessary for the company to experience further consolidation, the sources noted,” DigiTimes added. “Taiwan PC players also commented that if Acer purchased Gateway, the company will increase its global share to 8%-9%, narrowing its gap with third-ranked vendor Lenovo.”

In recent company projections, DigiTimes added, “the company aims to beat Lenovo and become the third largest player next year.”

According to analyst firm Gartner, HP and Dell shared world market share leadership in 2006 at 15.9 percent each followed by Lenovo, Acer and Toshiba.

In the fourth quarter, HP led with 17.4 percent followed by Dell at 13.9 percent, Lenovo at 7 percent, Acer at 5.8 percent and Toshiba at 3.8 percent.

Given that 4Q PC shipments totaled more than 67 million, a fraction of a percent equals a lot of computers and a lot of cash.

Back to The Skinny

rotto tutto :)


  • ScreenHunter_3.gif
    20,9 KB · Visite: 104
Gateway Shares Jump on Takeover Talk
Monday March 19, 3:47 pm ET
Gateway Shares Up on Takeover Murmurs

NEW YORK (AP) -- Shares of Gateway Inc., which have not traded above $3 since 2005, jumped more than 8 percent Monday amid speculation that the computer maker may be an acquisition target.
A group of ThinkEquity analysts, in a tech industry update, said when J.T. Wang, the chairman and chief executive of Taiwanese computer maker Acer Inc., said the company was "hoping to make an acquisition this year," sources indicated he meant Gateway.


Gateway's shares climbed 15 cents, or 6.7 percent, to $2.40 in afternoon trading on the New York Stock Exchange. Earlier in the session, the stock rose as much as 8.4 percent to $2.44, just off its 52-week high of $2.45.

A spokeswoman for Taipei-based Acer said the company had no comment.

A Gateway spokesman said the company does not comment on rumors or speculation.

In September, the Irvine, Calif., company rejected a $450 million offer to buy its retail business.

The company said in February it planned to lay off more workers and cut $20 million to $25 million in expenses, and its fourth-quarter revenue, which fell 9 percent, was short of Wall Street's expectations.

Gateway had already cut nearly 100 jobs, or about 5 percent of its work force, in the third quarter of last year in an attempt to save between $30 million and $35 million a year.

The company has faced intense pressure from shareholders to improve its business. In late February, it named Dave Russell, executive vice president and managing director of Avalon Energy, as its 10th board member as part of a deal with an activist investor group to boost the company's profitability.

Gateway's stock closed 2006 down nearly 20 percent, but has gained 12 percent since the start of the year.
Gateway Denies Talks Of Acer Tie Up >GTWLast update: 3/20/2007 5:54:59 PMDOW JONES NEWSWIRES Gateway Inc. (GTW) on Tuesday said it isn't involved in discussions to be acquired by Taiwanese personal-computer giant Acer Inc. A Gateway spokesman said that while the No. 3 U.S. PC maker doesn't normally comment on rumors, it isn't in any discussions with Acer, which has been trying to make more inroads in the U.S. computer market. Speculation about a deal sent Gateway's shares up almost 7% on Monday, and the stock is up more than 19% for the year.
ciao toj anche questa mi piace

anche se a differenza di evol, che è a un bivio

qui questa la vedo che dovra' prima consolidare andando lateralmente

senza andare sotto la fascia 2-2,1

se' sara' cosi allora potra ripartire ed avere ottimi tp

ciao ;)


  • 55.1174596754228.mail.gif
    27,5 KB · Visite: 77
ciao OSI!!!
PER ora ho lo stop a 2,2,,,comunque sul settimanale sta kiudendo bene,,la prox settimana è decisiva ;)
io sono ancora dentro
forse ci vorrà un po prima di ripartire :angry:
Che dite che gtw ha toccato ormai il fondo a 1,15 dollari? ho può ancora scendere io un cippino lo metto.