Gateway Communications Inc.: The Irvine-based computer products...

Gateway Communications Inc.: The Irvine-based computer products company reported that second-quarter net income dropped to $101,000 from $215,000 for the like period last year. Revenue declined 8% to $6 million from $6.5 million. The 1989 period included revenue from the company’s Australian subsidiary, which was substantially liquidated in April, 1990. For the six-month period, the company reported a net loss of $198,000, contrasted with net income of $424,000 for the first half of 1989. Revenue fell 9% to $11.6 million from $12.7 million.