Gateway released its fourth-quarter earnings Wednesday — the computer maker lost 72-million dollars or 22-cents a share and has lost money in eight of the last nine quarters. Gayle Rose, a financial analyst in Sioux City — where the company started, says Gateway chief Ted Waitt is trying to diversify. She says Waitt is moving into digital TV and some other things that are positive for Gateway. Gateway has a manufacturing facility in North Sioux City, South Dakota, just across the river from Sioux City, Iowa.
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