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Technology Stocks : Gateway (GTW)

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To: Skeeter Bug who wrote (4842)11/21/1997 3:05:00 PM
From: wolfdog2  Read Replies (2) of 8002
 
Bug, next week we'll see if earnings of a first tier company can boost GTW. Of course, that's assuming that Dell isn't being pinched as well. If Dell should miss its estimates, I think its all over for GTW. Actually, logically, it should be a win, win situation. If Dell reports good earnings, it shouldn't, boost GTW. On the other hand, poor earnings should sink Dell and GTW.

But wall street being the irrational beast that it is, a good report will probably lift Gtw. If you want to get off a short, I think you need to lower your sights. Just my opinion.
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