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Technology Stocks : Gateway (GTW)
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To: H James Morris who wrote (6315)7/28/1998 10:44:00 AM
From: kahunabear  Read Replies (1) of 8002
 
GTW's price movement today is a testament to the lunacy of this market. I would love to here the logic for buying this bloated stock at 58. If you take their best quarter ever and annualize it, you still get a ridiculous PE. And this for a company in a cyclical consumer business with little pricing power where the casualties have been high.

IMHO,
WS
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