Gateway (GTW) Message Board

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Technology Stocks : Gateway (GTW)

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To: Greg Jung who wrote (7087)	2/25/1999 9:09:00 AM
From: Ramsey Su	Read Replies (1) of 8002

Greg, the .90 was a dream number from Piper Jeffrey, which GTW would not confirm yesterday. When Piper upgraded last week, I was wondering what they were basing their revision on? I don't get upset with these analysts anymore, just accepting them as a fact of investment life. Whether Piper was intentionally manipulating or just plain incompetent, neither is good. More stuff about DELL coming up ML this morning. All are indications that the PC market is far from robust at the moment, at least not enough to support the current lofty PEs. The other stock that is very worrysome at this time is INTC. Its reliance on the PC business is obvious. The fact that GTW is near its all time high may be a little too optimistic. But it is a free country and you are investing with your money, not mine. Ramsey

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