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

To: Marc A Geels who wrote (5293)	1/28/1998 9:45:00 PM
From: DWW II	Respond to of 8002

My opinion of the GTW stock price is that you are seeing the high for the next 10 weeks. This company swings wildly. I don't think one qtr. of good earnings, especially x-mas qtr., will convince professional investors. I think that Ted Waitt will hold back some 4th. qtr. earnings to make the first qtr. look good. However, it may not be enough. The 1st. qtr. is always tough for GTW. I got out at $37 and am very happy to get out at a profit. I had purchased the stock in June for (pre-split) $31.70. So, I made $5.30/share. I will not get back into this stock until it takes a serious fall. I think they may warn the street if they did not hold back any earnings. This may happen at the end of Feb. So, you have a lot of time to see if this stock price of $37 can hold up. As I stated, I do not think it can. If they warn, it may fall to low 20's. They have fallen short two of the last four qtrs. If they fail again,,,,,,,,,on top of CPQ, DELL, HWP & IBM getting much more sophisticated and in far better position to grow internationally, they GTW will crash and burn. I would be very cautious about purchasing this stoch anywhere in the 30's. DWW II