I did a small research project on Dell v. Gateway in an MBA class about 9 months ago. At that time, Gateway had $1 billion of cash on hand.
Their stores have ALWAYS been a failure. They should have closed all of them during the first round of their store closings about 5 years ago (not sure exactly when). The money is in factory direct. The brick and mortar stores were a costly mistake on Gateway's part. BUT, as of 9 months ago, they were doing well outside of that. Their plasmas have been selling VERY well and have been a BIG money maker for them.
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