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Technology Stocks : Gateway (GTW)

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To: Keither22 who wrote (5956)6/10/1998 10:49:00 PM
From: IceShark  Read Replies (2) of 8002
 
Keith, GTW was at some sort of Piper Jaffery (I believe) tech conference in Minneapolis. I believe it was the CFO that actually made the comments regarding meeting expectations of 44 cents, but that they were having a disappointing experience in getting into the corporate market. I would suspect the spike up was some sort of positive reaction to the initial comments in the conference, like not giving an earnings warning. Then the overall market started to tank and GTW followed in near lock step, which was also about the time the GTW comments hit the wires.

I think ALR is going poorly and business side of market is nothing to look forward to. Upon reflection many will conclude the outlook going forward is "challenging" and not worth all time stock valuations.

Regards, DWW
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