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


To: wolfdog2 who wrote (4681)11/12/1997 11:01:00 AM
From: vegetarian  Read Replies (1) | Respond to of 8002
 
The support at 26 looks quite strong which is good because
then it will have another bounce on which I can short it in its
next attempt to break 26, the more ogten it does before actually breaking it, better it is. :-)
The options expiration next week will provide us that bounce.



To: wolfdog2 who wrote (4681)11/12/1997 11:05:00 AM
From: wolfdog2  Read Replies (2) | Respond to of 8002
 
Don't count on a buyout to save this company! Apple just announced that in the first 12 hours of selling apples on line they sold $500,000 worth. What's the significance for GTW? Well it means that a branded manufacturer doesn't need to buy GTW in order to go into direct sales. So the only potential buyer would be one that did not already have a brand name in computer sales. That leaves out all the major players. Moreover, no supplier of components would be interested since they would be competing against their own customers. Who does that leave? Hey, maybe WorldCom would like to add them to their list. Who knows? Now that they have all their infrastructure in place maybe they will want to purchase telephone users as well.



To: wolfdog2 who wrote (4681)11/12/1997 10:25:00 PM
From: Alan C. Zezula  Read Replies (2) | Respond to of 8002
 
Well wolfdog2 so far so good on my GTWWG'S bot @ 3 closed at 10 today and my GTWXF's bot @ 2 3/4 closed @ 5 1/2.

If 24 holds would it be wise to liquidate both postions. I buy options all day long but have a tough time deciding when to sell.

I believe you can be a bull or a bear but should never be a pig.

I have a friend who says never argue with a profit and wonder if this would be a good time to take mine on the puts.