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Technology Stocks : Gateway (GTW) -- Ignore unavailable to you. Want to Upgrade?


To: D. Swiss who wrote (7402)11/13/1999 1:01:00 AM
From: D. Plen  Read Replies (1) | Respond to of 8002
 
What do you think Drew, do you think that GTW will top $100 soon? It certainly seems to have the momentum, unlike another stock I know ;) At $82, I will have doubled, and I got in on Aug. 13th. I remember calling my broker from a cell phone in the company van while on a job site at a rail yard. I went back to the work area sure that I'd done something smart. But at that time, I was counting on the momentum taking it to $100 - pre-split! Not to a double in 3 months. Now it is at the same price (nearly) and I'm wondering wheather it will climb to $100 as easily.

The PE on GTW is now 61 and on Dell is 65. That means that it can only increase about $5 before it has a higher PE valuation than Dell. Is it justifiable...

Your thoughts please,
D.Plen