Ted Waitt
Ted Waitt
Theodore W. "Ted" Waittis an American billionaire businessman and philanthropist. Waitt is a co-founder of Gateway, Inc....
forward good job market move older packing pcs problem
The problem is no one has done a good job packing it, of integrating older PCs and newer appliances, ... We're going to see a lot of new things in the market as we move forward through 1999.
aggressive company industry leader plan points steps
We plan to take aggressive steps to reorganize our company and be an industry leader as we've done at so many other points in our history,
billion cash company customer execute exit growing intensely plan satisfied strategy year
We plan to consistently execute this strategy through 2002 and exit the year as a robust, growing company with more than $1 billion in cash and an intensely satisfied customer base.
across consistent continuing demand segments
We're continuing to see consistent demand across all segments now,
april barriers creating digital dramatic driving entry good half increase june kicked knocking marketing momentum people program second slow volume
This program is knocking down the barriers to entry for people who want to participate in the digital revolution. After a seasonally slow April and May, our marketing program kicked in, driving a dramatic increase in volume in June and creating good momentum for the second half of the year,
business delivering greatest industry moving purchase segments surround thereby value
We are aggressively moving into other business segments that surround the purchase of a PC, thereby delivering the greatest value to customers, shareholders and industry partners,
beyond continue executing focus income moving paid quarter record strategy
We continue to focus like a laser on executing our strategy of moving beyond the box, and it paid off with a record quarter in what's typically the industry's slowest period. Non-PC income is now well over 10 percent, which is where we said we'd be by year-end.
basis business continue expect growth half operating planned return second unit
We expect to continue operating the business on a break-even basis through the first half of the year, with a planned return to profitability and unit growth on a year-over-year basis during the second half.
good moving position
We feel good about our position and we're moving forward.
financial forgo growth necessary profits regain resources
We have the liquidity and financial resources necessary to forgo short-term profits to regain long-term growth and sustainable profitability,
approach closely considered felt gateway gives implement reflected strategy symbol
We closely considered MOO. We felt that a symbol (like GTW) that reflected Gateway was more appropriate for the long-term strategy of our business. If we wanted to implement a multi-branded approach down the line, it gives us more flexibility.
approach closely considered felt gateway gives implement reflected strategy symbol
We closely considered MOO, ... We felt that a symbol (like GTW) that reflected Gateway was more appropriate for the long-term strategy of our business. If we wanted to implement a multi-branded approach down the line, it gives us more flexibility.