Article View: comp.sys.ibm.pc.misc
Article #9909Re: Is Northgate Solvent?
From: Stephen Guerke
Date: Tue, 14 May 1991 15:30
Date: Tue, 14 May 1991 15:30
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1472 bytes
In article <76324@eerie.acsu.Buffalo.EDU> v053qgzj@ubvmsd.cc.buffalo.edu writes:
>My concer is for Northgate's longterm stability. I remember reading a while back
>that they were having some cash flow problems. Is there any news on this that I
>missed? I would hate to advise him to buy a machine from them and the have the
>compay go belly up.
According to COMPUTERWORLD magazine May 13,1991 vol.#25 #19 page 89
Northgate has made a major turnaround and for the first quarter of
this year has reported profits of $2.24M on net sales of $46.94M.
Apparantly they have dealt with their financial problems and are well
on the road to recovery. IMHO (based on this article) your friend
should be as safe with Northgate as with any mailorder house....read
the article.
Steve
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Stephen Guerke, Coord. Computer Resources sguerke@brahms.udel.edu
University of Delaware Parallel Program stephen.guerke@mvs.udel.edu
Georgetown, DE 19947 ILV20078@UDELVM.UDEL.EDU
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Path: arc1-ca.pugleaf.net!utzoo!utgpu!news-server.csri.toronto.edu!cs.utexas.edu!usc!wuarchive!udel!brahms.udel.edu!sguerke From: sguerke@brahms.udel.edu (Stephen Guerke) Newsgroups: comp.sys.ibm.pc.misc Subject: Re: Is Northgate Solvent? Message-ID: <21360@brahms.udel.edu> Date: 14 May 91 15:30:05 GMT References: <76324@eerie.acsu.Buffalo.EDU> Organization: University of Delaware Lines: 22