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Technology Stocks : Intel Corporation (INTC)

INTC 36.78

+2.7%

3:59 PM EST

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To: Dan3 who wrote (162585)	3/20/2002 2:20:30 PM
From: Paul Engel	of 186894

Blow Boy - another AthWiper Design win !! biz.yahoo.com Wednesday March 20, 1:58 pm Eastern Time Gateway To Launch Solo 1400se Notebook With DVD SAN DIEGO -(Dow Jones)- Gateway Inc. (NYSE: GTW - news) (GTW) unveiled its Gateway Solo 1400se notebook with an integrated DVD drive for $999 - its first notebook to include DVD under $1000. In a press release Wednesday, the computer maker said the Gateway portable personal computer also includes a 900-megahertz mobile Intel Celeron processor and Microsoft (NasdaqNM: MSFT - news) Windows XP. To help launch the new notebook, Gateway will unveil a new television commercial - the first in a series of TV spots promoting the company's digital entertainment capabilities. Responding to its shrinking sales and U.S. marketshare, Gateway announced in January plans to eliminate about 2,300 additional jobs around the country in an effort to cut costs. On Feb. 27 , Gateway warned that it won't reach profitability until 2003 because of a continuing drop in sales. New York Stock Exchange-listed shares of Gateway recently changed hands at $ 6.19, down 11 cents, or 1.7%, on composite volume of 1.2 million shares. Average daily volume is 3.1 million shares. -Yun-Hee Kim; Dow Jones Newswires; 201-938-5388 (This story was originally published by Dow Jones Newswires) Copyright (c) 2002 Dow Jones & Company, Inc. All Rights Reserved

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