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Technology Stocks : Gateway (GTW)
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To: Kathleen capps who wrote (6501)8/16/1998 11:18:00 AM
From: Kip518   of 8002
 
So there are 155 mil shares o/s and ted owns 66 mil. The 375K he's selling are not significant.

True, but 20 million bucks might get his daddy off that farm :-}

I read the Waites secondary as support for the idea that GS has put GTW in its buy program. As GS tries to hold the market on its back (at least through its IP0) GTW will benefit...(on Thursday & Friday, GTW was the only stock on my short screen that could keep its head above water for any length of time).

If the plunge protection patrol has to go back to work this week (e.g. to shore up the market after Clinton's confession, devaluing of the yuan, closing of the Russian market, flight of the dollar/yen, etc. etc.) expect GTW to benefit.

I'm short GTW.

(re GS, Cambridge & "financial expansion forever" -- see
aci.net
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