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Technology Stocks : Gateway (GTW)

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To: Alan C. Zezula who wrote (4687)11/13/1997 7:18:00 AM
From: wolfdog2  Read Replies (1) of 8002
 
Alan, congratulations on a great play on the options. Like you I'm never certain when to cover. Looks like there is some support at 24 and I might cover there. I'll also be looking at the overall market. If GTW gets to 24 and the overall market is still eroding, then I may stay pat.

I understand that DELL is to report earnings today. That could push the whole group higher. (That will be ironic in the case of GTW, of course) I went long CPQ today. It was the only one of the three (GTW,. DELL, CPQ) that didn't close under its 10/29 low.

Good luck.
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