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


To: ratan lal who wrote (4304)10/24/1997 3:22:00 PM
From: vegetarian  Respond to of 8002
 
looks like we have a short covering and naive-buying bounce, another god given opportunity to sell for those who missed in the morning.
I could not beleive that I was able to short sell it at 32.
This is going to be the highest price it sees for a while with
their performance.



To: ratan lal who wrote (4304)10/25/1997 6:44:00 AM
From: Skeeter Bug  Respond to of 8002
 
ratan, even if you subtract out the one time charges and the inventory wqrite down, gtw still posted a loss from operations. this stock is dismall.

however, the one time charges provided enough of a smoke screen to fool the gullible bears. look at txn's chart after the earnings were released. i hope to see the same here ;-)