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Technology Stocks : Gateway (GTW)

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To: Neil_L who wrote (4828)11/20/1997 7:52:00 AM
From: vegetarian  Read Replies (2) of 8002
 
Looks like Soros got trapped before GTW released its earnings because the news is dated at the end of Sept. and the avg price he paid is about $32, which was the price available just before the earnings were released and he probably bought it thinking that GTW was a bargain at that price assuming they would meet all the earning expectations.
May have been caught with pants down on this one...
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