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Technology Stocks : GTIS: Is there a better bet for Christmas sales?

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To: alias who wrote (383)2/9/1997 1:12:00 AM
From: Bill Gizzo   of 432
 
Alias:
I'm not sure what you mean by "take off". FWIW, I figure a good solid report that meets both Q4 & FY 96 numbers should provide the momentum to push GT, in the short term, back up to pre-warning levels ($12 - $13). IMHO, GT needs to retrace to at least this point, and build a base before they can hope to return to pre-Q3 report levels. Another factor that could dampen even a great report's upward momentum push will be the market continuing to digesting the shares being placed into the float (in Dec. & Jan) to conclude previous acquisitions.
Cheers
Bill
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