] In a surprise move, Gateway today
] says it will acquire privately held eMachines for $235
] million in stock and cash. The deal comes one day after
] Gateway reported a $114-million net loss, or 35 cents per
] share, on sales of $875 million for the quarter ended
] Dec. 31, 2003.
] EMachines is clearly doing something right. With 130 employees, the company
] is generating $8.4 million in sales per employee. Gateway, on the other
] hand, with a headcount of 7,500, is generating about $453,000 per head.
] That may indicate cuts ahead at Gateway once Inouye takes over.
I hope each and every employee at Emachine is a millionaire.