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Some of you may remember my post in a previous thread where I said mutual funds are a waste of money and the best bet is to sink your cash into index funds or just buy the stock yourself. The best stock to get are large companies that have hit a bit of a snag. Well, there is one out there now IMHO. Gateway has been battered the last couple of days with it's announcement that it's going to loose money for the next couple of quarters. The stock is way down. At the time of this post it's sitting at around $19. (was more than tripple that a few months back) Well, I think it's a great buy at that price. The P/E ratio is about 11, so it's real cheap. And I don't think that Gateway is going to disappear anytime soon. I'd bet they're in the black again within 3 quarters minimum.
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