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Technology Stocks : Gateway (GTW)

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To: DWW II who wrote (5151)1/8/1998 4:53:00 PM
From: Marc A Geels  Read Replies (3) of 8002
 
The rumor around Sioux City today was that IBM execs were in town today. I don't know why they would come to Sioux City, do you?

I think that if gateway does get bought out near term it will sell above its 52 week high. If it does not in the near future the price will still run up into the forties because they are going to rock with earnings.

You figure it out, rumors 1 million PC's probably 1.2 million figuring in their normal margins would give them .70 to .75 per share in earnings, far beating expectations and beating them by far enough to dispell any downward trend in the market.
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