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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

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

-- 
          --------------------------------------------------------
   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