Monday, September 13, 2004
Gateway to Abandon Consumer Electronics
Posted by James Fee in "NEWS" @ 06:00 PM
"Gateway's newest gamble will be to ditch consumer electronics and focus on its original offering, PCs, according to The Wall Street Journal. This represents yet another shift in direction for the company, seeing how it recently shuttered its retail stores, getting together with retailers such as Best Buy and CompUSA. Is this a great idea or a possible misstep? There are a lot of angles that lend themselves to arguing either side. Companies that focus generally stand a good chance at success. In this commentary from April, Tom Gardner explored the idea that focus is often key to good business (and good stock selections). He reminded us of an Italian proverb that many of us could use in all aspects of life: "Often he who does too much does too little."
OK, how many of these "refocus" articles on Gateway do we see? I'm getting out my fork and am going to stick it into Gateway. I can't see how they can compete against Dell in any market. :? Of course this is perfect timing, since PC sales have cooled over the past year, for bankruptcy.
OK, how many of these "refocus" articles on Gateway do we see? I'm getting out my fork and am going to stick it into Gateway. I can't see how they can compete against Dell in any market. :? Of course this is perfect timing, since PC sales have cooled over the past year, for bankruptcy.
