Thanks for your view Meghan. I think the same thing. The fundamentals are definitely there, and Gateway is poised to really jump in market share. However, looking at todays price drop in MUEI, it makes me want to buy that. It is currently only trading at 14 times next year's earnings, but there is a mean 5 year growth rate of 30%! This is a big deal. Apparently, today's 3+ point drop was due to options trading. It makes me want to sell my GATE. Also, CUBE seems like it is a good buy. It raised fiscal 96 and 97 earnings estimates on itself today, and yet the stock was down, with a further downtrend into tomorrow.
It really makes me mad to have to sell at these levels, and on such garbage, like downgrades. Unfortunately, however, there are better fish in the sea than Gateway, and it may be the right time to catch one.
-Brian |
