SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Gateway (GTW)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Cosmo Daisey who wrote (4685)11/12/1997 4:44:00 PM
From: Sid Turtlman   of 8002
 
C: Well, so much for $26 support. I guess that makes $26 the new resistence point for any bounce attempts.

Back to fundamental analysis, the only thing (other than wishful thinking about a buyout) holding the stock in the mid-20's is the 1998 estimates of $2.00 by the various analysts. If you think they are right, the stock is cheap.

But I think they are completely wrong. The margin squeeze is going to get worse, not better. GTW used to be one of 2 (or 3, if you count MUEI) decent size direct sellers. Now almost everyone is going direct. Forget $2.00 EPS - in 1998 GTW will be struggling to stay in the black, and the stock will see single digits.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News