GTW - Gateway

[vthokienj]

Cramer doesnt like this one, but I personally disagree with him. They have established shelf space at several retailers and signed some large government and educational contracts recently...any thoughts on this company?

[helk]

Gateway is looking bad right now. They are loosing lots of money. Until they start to straighten out their finances, I'd stay away.

If you want to buy a computer stock, I'd look at DELL, which lost a lot today but still looks strong into the future, or better yet, Hewlett-Packard (HPQ). HPQ is doing very well and in the process of cutting a lot of fat. IMHO, I think HPQ will be the better play in the next 1 -2 years. Do your homework!

[JJ]

I like Gateway personally. I purchased mine from Costco. I first bought a HP and HP printer. The computer was defective. When I called the 800 help the people where short and basically turned me off. I returned it to Costco and picked up the Gateway. When I called the 800help (had a question) they were unbelievable. Excellent customer service. I also had to return my HP printer, Microsoft said the software was having glitches being compatable. When I buy a stock I need to trust the company first of all, and I definately trust Gateway.

[helk]

I see Cramer jumped on the HPQ bandwagon now as well. He was bearish on this one a few weeks ago but his tune has changed. He must be reading this board :lol: Seriously, I think there is a good chance HPQ could see 50+ within the next two years. We'll see what happens.

I also saw the news that Gateway finally posted a profit again - this is good news. I think it will take some time, but if they can continue to turn their finances around like they did recently, Gateway may be a good play in a year or so. These things take some time, but it will be worth watching.