Gateway (GTW) Message Board

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Technology Stocks : Gateway (GTW)

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To: Brian Lempel who wrote (4902)	12/1/1997 8:45:00 PM
From: Randy Ellingson	Read Replies (1) of 8002

"Well Skeets, the most vocal GTW bull on this thread just threw in the towel. I sold at 29 3/8. Not because I don't think GTW is going to be fine this quarter, but I just couldn't resist picking up more CREAF!" I can't believe you closed your position completely on GTW! Especially after CREAF's most recent quarter EPS growth -- do you expect them to continue that stellar growth on a quarter-to-quarter basis? Sounds to me like a short-term play on your part (if you couldn't wait to buy more). I'll be interested to see what GTW does this quarter; they've been pretty aggressive with their advertising if not their pricing, and after several quarters of struggling, may finally kick some butt on the bottom line. This depends largely on their spending, and I don't see a slender operating budget in place yet. Randy

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