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


To: BJP1946 who wrote (5072)12/17/1997 6:01:00 PM
From: BJP1946  Read Replies (4) | Respond to of 8002
 
The more I think about it, the more I think this may be the opportunity of a lifetime, or at least of the next six months. Why is this guy selling?

Noone seems to have given me credit, but I believe I called the recent good price action on the morning before it began, talking about a short squeeze, positive press articles, etc. Look it up, it's there.

I used to be a corporate lawyer and took many companies public and sat on many boards, albeit, unfortunately, none of the size of GTW. When things are going great, people don't sell, particularly when they've had three missed quarters in a row and the street's running out of patience. You only sell in such a circumstance when you know, no matter how bad it may look, if you don't sell now it will be at much lower prices later. Maybe they'll make their quarter, but it'll be the last hurrah. And the street may smell a rat before the quarter is ended.

I apologize to all the people who are long this stock. I don't usually rant this way. I don't want anyone to lose money. But I think Ted may be a bad guy. I'm only short a little right now but I think, if I have the b__lls, I'll step up to the plate tomorrow. You can probably sell your lungs out tomorrow and Friday because they're going to want to pin the stock to 30 so neither the put or call holders make any money. The stock was outperforming all day long until about the time that Ted's 144 hit the tape.

By the way, I got the news of Ted's sale on this board before I could find it elsewhere. Where did you get it so fast?