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


To: Skeeter Bug who wrote (4998)12/8/1997 8:00:00 PM
From: Neil_L  Read Replies (2) | Respond to of 8002
 
The reason for today.

Gateway 2000 Up 9%; Deutsche Morgan Said Upbeat On 4Q

PALO ALTO, Calif. (Dow Jones)--Gateway 2000 Inc. (GTW) rose 9.4% after Deutsche Morgan Grenfell Inc. analyst Michael Kwatinetz said he was upbeat about the company's fourth quarter, market sources said.

Gateway has less exposure than other computer makers to volatile sales overseas and more exposure to the growing U.S. consumer market, these sources characterized Kwatinetz as saying. Kwatinetz did not return a call seeking comment.

NYSE-listed Gateway shares closed Monday at 32, up 2 3/4, on volume of 4 million, compared with average daily volume of 2.1 million.

-Mark Boslet; 415-496-1366

"Dow Jones News Service"
"Copyright(c) 1997, Dow Jones & Company, Inc."