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Technology Stocks : Gateway (GTW)
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To: Dave Funis who wrote (5936)6/10/1998 10:34:00 AM
From: Mike M2  Read Replies (3) of 8002
 
Dave, the reality of a slowdown in the rate of growth for PCs and declining asps -crushing margins is the reality that will take GTW into the teens without a split. In addition, we have yet to feel the impact of the recession/depression in SEA and Japan. to add to the boxmakers troubles we have a fairly saturated US mkt and record levels of consumer debt. you will see GTW in the teens after New Years if not sooner. There is a little dose of reality in a world of fantasy. Mike
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