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Gateway Revenue Forecast at Low End

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Bloomberg News

Gateway Inc.’s 2002 revenue probably will be at the low end of the personal computer maker’s forecast of $4.5 billion to $5 billion, Chief Financial Officer Joe Burke said.

Gateway is on target to have sales of $2.5 billion in the third and fourth quarters combined, Burke said.

That would be a 25% increase from the first half of the year, when the Poway, Calif.-based company had revenue of $2 billion.

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Gateway shares fell 30 cents to $3.50 on the NYSE.

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