Mostly: Classical

[Frank Pembleton]

sOb ... agreed-- I think Apple has the coolest stuff on the face of the planet-- too bad I can't trade stocks from that platform because that's all I would have at home ... Btw, I've got an iMac sitting on my desk collecting dust just because I think it looks so cool.

...about GTW-- there was a very bullish article in yesterday's Barron's--

Can Gateway Find its Way?

Gateway (GTW: NYSE)
By First Global U.S. Research ($4.48, December 24, 2003)

GATEWAY IS A cheap stock -- plain and simple. Of the top 250 U.S. technology stocks, Gateway is the cheapest on the basis of market capitalization to sales. Gateway trades at less than 0.39 times 2003 revenue.

But of Gateway's $1.38 billion market cap, about a billion dollars is in cash and investments alone. Net of this, the company's business is available for a throwaway 0.12x sales!

To our mind, this is about as low as it gets, especially for a branded player. It's a near-Buffetesque valuation, given the net cash position. We expect Gateway's EBIDTA to breakeven in the fourth quarter and to turn significantly positive next year.

Bear in mind that Gateway also has the cyclical tailwind of rising PC sales, and a consumer electronics boom. The macro picture looks quite pleasing.

-- Devina Mehra, Chief Strategist
-- Hitesh Kuvelkar, Analyst

http://online.wsj.com/barrons/article/0,,SB107248054851860200,00.html?mod=b_online_exclusives_left


But I like it because of the chart;