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


To: TraderEd who wrote (6961)1/3/1999 12:12:00 PM
From: Skeeter Bug  Respond to of 8002
 
trader, that sounds odd as signing up to their net network would seem to be so easy... i feel real bad that you went with aohell b/c of their ease to sign up. their connections are slow and they, imho, are annoying with all their adds.

in any case, they got you on so what the heck.

good luck,

askeets...

psssst, i don't like muei or cpq any better than gtw as an investment ;-)



To: TraderEd who wrote (6961)1/3/1999 7:21:00 PM
From: Captain Jack  Respond to of 8002
 
Trader Ed--- I shy away from the Gate,, love to trade CPQ stock (but would not own a 'puter of theirs either). The only investment in boxes and box maker stock is DELL. I own both.....



To: TraderEd who wrote (6961)1/19/1999 3:11:00 PM
From: Steve Rolfe  Respond to of 8002
 
Company Press Release
Gateway Files Suit Against Internet Service Provider
Cites Customer Quality and Performance Concerns; Company to Announce Agreement with New Supplier
SAN DIEGO--(BUSINESS WIRE)--Jan. 19, 1999-- Gateway 2000, Inc. today announced that it has filed suit in Delaware Chancery court against Web America Networks, an Internet service provider for gateway.net, the company's Internet service, for failure to meet the needs and expectations of Gateway and its customers.

''We took this action to protect the interests of our customers and to ensure the service, quality, and reliability that consumers have come to expect from Gateway,'' said Jim Von Holle, Director of Software and Internet Services, Gateway 2000, Inc. ''We came to believe, after repeated discussions and performance evaluations, that Web America Networks cannot meet the standards for consistent and responsive reliability and performance that Gateway requires for its gateway.net clients.''

Gateway plans to announce an agreement with a new service provider later today.

Gateway, the first PC marketer to become a nationwide Internet Service Provider (ISP), launched gateway.net(SM) Internet service in 1997. Consumers who purchase Gateway computers can register for gateway.net(SM) accounts that include one email address, ftp access, 24-hour tech support, newsgroups, and full access to the World Wide Web.

About Gateway

Gateway (NYSE:GTW - news), a Fortune 500 company founded in 1985, provides complete computing solutions for clients worldwide. The company has manufacturing facilities in the United States, Ireland and Malaysia and employs more than 16,000 people worldwide. Gateway products and services consistently win top awards from leading industry publications. Revenue for 1997 was $6.3 billion. For further information, visit Gateway at www.gateway.com.

--------------------------------------------------------------------------------
Contact:

Angela Peacock, Corporate Communications
(605) 232-1686
angela.peacock@gateway.com
or
Kristen Holmes, The Weber Group
(617) 520-7058
kholmes@webergroup.com