] 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. |