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Technology Stocks : Gateway (GTW)
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To: Skeeter Bug who wrote (7465)1/22/2000 12:38:00 AM
From: Fred Fahmy  Read Replies (1) of 8002
 
Skeeter,

<gtw can't put together 2 years of earnings growth. in the end they will be hurt by this fact.>

Of the last 6 years, only once has GTW failed to grow earnings (1997, I believe). During this entire 6 years, the bears have maintained that the end is here. My guess is that revenue and earnings will grow again in 2000. That doesn't mean it's not over priced, but facts are facts...and the fact is that GTW has an impressive growth record despite one off year (during which they were still quite profitable).

I have no position in GTW. I am a satisfied repeat customer and I did own the stock when it first IPO'd (sold a long time ago though).

FF
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