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


To: Skeeter Bug who wrote (4842)11/21/1997 9:46:00 AM
From: Brian Lempel  Read Replies (1) | Respond to of 8002
 
Bug, GTW opened pretty weak, despite the up market. Will it reach 32 for me?

BTW, I just found out that my account is not approved for options trading. I discussed this when I opened the account, and they said they would do it (even though it is a custodial account). I guess not!

Brian



To: Skeeter Bug who wrote (4842)11/21/1997 3:05:00 PM
From: wolfdog2  Read Replies (2) | Respond to of 8002
 
Bug, next week we'll see if earnings of a first tier company can boost GTW. Of course, that's assuming that Dell isn't being pinched as well. If Dell should miss its estimates, I think its all over for GTW. Actually, logically, it should be a win, win situation. If Dell reports good earnings, it shouldn't, boost GTW. On the other hand, poor earnings should sink Dell and GTW.

But wall street being the irrational beast that it is, a good report will probably lift Gtw. If you want to get off a short, I think you need to lower your sights. Just my opinion.