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Technology Stocks : Gateway (GTW) -- Ignore unavailable to you. Want to Upgrade?

To: Skeeter Bug who wrote (4817)	11/19/1997 1:10:00 PM
From: Randy Ellingson	Read Replies (1) \| Respond to of 8002

Gateway (in case this isn't obvious by now) is really trying to own the home consumer market. It's always been their strength, and their playing it for all it's worth right now. Their ads say, 'Look, we've got sweet systems at competitive prices, you know our name, so buy from us.' They don't want a part of the sub $1K market; it's apparently not worth their while. They're betting people will want to spend more than that to get a better system and a better name (I'm not saying that CPQ, HWP, or Dell are any less of a name, but Gateway does have a name with the consumer). I think they're probably not flat out wrong, though they may very well still struggle to increase earnings; that's not so much a function of their strategy as it is their management. Is gateway.net a good idea? Hard to say how profitabl that can be, but if gateway.net provides good service and get a good reputation, it'll sell more of their machines. FWIW, my exit last week at 26 looks like pretty bad timing today. My small profit could have been somewhat larger. Randy

To: Skeeter Bug who wrote (4817)	11/19/1997 5:46:00 PM
From: K. Larson	Read Replies (3) \| Respond to of 8002

>> this is gonna get ugly, people. for everyone and gtw is on the bottom.. << Hey Skeeter, did you catch this news release? Sounds like there are quite a few people who disagree with you about gtw being on the bottom. Not only did they win the award for best service and support, but also the best place to buy a computer and the BEST VALUE desktop PC. The best value was found to be their $1349 system that includes the monitor. Sweet! BusinessWire, Wednesday, November 19, 1997 at 12:40 NORTH SIOUX CITY, S.D.--(BUSINESS WIRE)--Nov. 19, 1997-- Gateway's tradition of providing best value and support continues Gateway 2000, Inc. (NYSE:GTW), a global leader in the direct marketing of PCs, today announced the receipt of several prestigious honors during Computer Shopper magazine's Best Buy Awards held Tuesday evening in Las Vegas, Nevada. The awards are presented annually and are voted on by Computer Shopper's readers. Gateway captured awards in the following categories: Best Value Desktop PC, Best Place to Buy a Desktop PC and Best Service and Support. "We realize that Computer Shopper's readers are some of the most technologically savvy in the industry," said Bart Brown, vice president of marketing for Gateway Direct. "That is what makes this recognition so fantastic. To have the readers vote in mass for Gateway as the best in these categories sends a strong message industry-wide that Gateway delivers what its customers demand." Gateway's victory in the Best Value Desktop PC was for the GP-Series Professional PC. The GP5-166 for $1,349 includes a 166MHz Pentium(R) processor with MMX(TM) technology, 32MB of SDRAM, 512K L2 pipeline-burst cache, a 2GB hard drive, 12x/24x CD-ROM drive and a 3D graphics accelerator with 2MB SGRAM. The system also comes with a 15" (13.9" viewable) EV500 monitor. At the higher-end of the GP-Series is the $2,949 GP6-300. The system comes standard with a mid-tower case, a 300MHz Pentium(R) II processor, 64MB of SDRAM, 512K of L2 cache, a 8.4GB UATA hard drive, 4MB AGP graphics accelerator and a 19" (18" viewable) EV900 monitor. "Gateway's success in our Best Buy Awards represents continuous recognition from our readers for their quality products and service," said John Blackford, editor-in-chief of Computer Shopper. Customers interested in purchasing any of these products can call 1-800-846-2000 or by visiting the company website at gateway.com.