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Technology Stocks : Dell Technologies Inc.
DELL 138.58-1.5%3:59 PM EST

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To: kemble s. matter who wrote (170279)7/19/2002 9:20:06 PM
From: Sig  Read Replies (1) of 176387
 
GTW should have been liquidated long ago. The company is running on fumes and false hopes, losing half their remaining cash each year.
The only reason the stock has any value today is because of the inertia of institutions (including the ever-present Barklays Bank) who own 77 % of the float and just cannot bear to report a loss until the time it becomes most valuable as a write-off. Only 17% of the float is in the hands of investors whose buying or selling can have little influence on the price.
Goodbye, Gateway. I will miss the ads.
Sig
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