Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Skeeter Bug who wrote (4474)	10/30/1997 7:34:00 AM
From: Karl Stearns	Read Replies (1) \| Respond to of 8002

No argument with this advice, except for one thing. By the time "the street" makes such a statement it's too late for most little guys to get in. I believe in buying stock with sound underlying value with companies that have good potential, and doing it when there's a downturn. GTW still fits the bill, and is a good buy on downturns like this. Let your imagination run wild for a minute and read today's WSJ article about the Digital/Intel settlement. It wouldn't surprise me to find out that there's been some talk of a Gateway/Digital hookup, either through merger or buyout. Just a speculation. But with a horde of cash from their Intel settlement, and a board of directors that are mostly dinosaurs in relation to the rest of the industry, Digital needs an infusion of just what Gateway could provide: Youngish executives, a presence in the market that's quite different that Digital's, and a desire to go after a market that Digital is already in. Read the article and think about it. If I were Ted Waitte I'd be on the phone making nice to Palmer this morning. And if I were Palmer, I'd jump on GTW now while it's available for a reasonable price. Another fascinating side to this is the fact that the Digital board is pressuring Palmer to bring on a #2 guy. Their likely candidate is from within the ranks--a 48-year-old. The board must realize they need to find someone a lot younger than them to point the company forward. The average age of the board is 66 1/2 years old, fer crying out loud. A marriage with Gateway would be a dream come true for them.