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

To: hpeace who wrote (4378)10/27/1997 4:07:00 PM
From: Brian Lempel  Respond to of 8002
 
I would think that today's price action is a result of the strong support at 29, the neckline mentioned last night. If it holds, I see a pop to $35 which will be a good exit point.

Now, what do you all think about CELL and QCOM. I'm trying to find out info. They seem dirt cheap. More intersted in QCOM. lempel@n-jcenter.com

Has the management given any guidance? Are margins liokely to increase or decrease?

Thanks,

Brian



To: hpeace who wrote (4378)10/28/1997 4:56:00 PM
From: Tmanquinn  Read Replies (1) | Respond to of 8002
 
Steve, how long before CPQ plows through their pre-discounted Pentiums in inventory? Will they reduce prices before or after they clean out their higher priced inventory, my guess is before to put squeeze on competitors. I think CPQ execs took Waites rejection personally and is out for the jugular.


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