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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: HairBall who wrote (63464)11/30/2000 4:53:58 PM
From: theniteowl  Respond to of 99985
 
LG, your cautious call on those 'bullish wedges' was very timely and FWIW kinetictrader also made similar comments about the pattern.

P.S. I wonder how many other companies will be taking a charge on their investments.

From the GTW release...

"Gateway also will be taking a one-time charge of approximately $200 million, or $0.39 per share, related primarily to the write-down of the company's investments in technology-based companies and other assets in accordance with generally accepted accounting principles."