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  Gateway Plasma TV to Undercut Prices
Time: 21:33 EST/02:33 GMT | News Source: News.com | Posted By: Fred Fernandez

Gateway will come out with its first television in years on Monday, and the real eye-catching feature is the price.

As reported earlier, Gateway will begin to sell a branded 42-inch screen plasma TV for just under $3,000, according to sources close to the company. That's hundreds of dollars below the price of competing models. In September, the average selling price of plasma TVs in the United States was $6,328, according to Tom Edwards, senior analyst at research firm NPD Intelect.

"$3,000 seems a little aggressive," he said.

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