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Technology Stocks : Gateway (GTW)

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To: The Perfect Hedge who wrote (5189)1/21/1998 6:48:00 PM
From: Marc A Geels  Read Replies (2) of 8002
 
Do your homework

There was no big insider selling. One of the sellers who filed was the chairman, TED, the other was not even an officer of the company. Also the filing does not mean that they sold in December, get your head screwed on straight as this is probably going to cost you alot of money.

A 144 filing means that there is the potential for the insider to sell in the next 90 days. It does not even mean that they have to! But if they do not sell in the next 90 days another 144 must be filed.

To me what this says is that the insiders by the end of December knew what the quarter was looking like, saw that earnings were going to be way up and wanted the option to sell stock within the next 90 days, like for example after earnings are released tommorrow.

To me this is definite evidence and maybe even a direct endorsement by Ted himself that GTW is going to blow away earnings estimate and rocket upwards.

I hope your strapped oooooooooonnnnnn!!
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