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


To: Dr. David Gleitman who wrote (5298)1/30/1998 10:07:00 AM
From: John E. Stanga  Respond to of 8002
 
Prudential has an upside target of $50. With several thousand shares, you might consider covered call writing with some of the shares. And you might think of averaging down on price dips. jes



To: Dr. David Gleitman who wrote (5298)1/30/1998 9:52:00 PM
From: wolfdog2  Read Replies (1) | Respond to of 8002
 
David,

My two cents. The stock has been strong the last two days. I've been following the stock closely since I'm interested in finding a good point to short it. It looks to me like the tech stocks are in a rally which could carry GTW further. For time being cheap component prices (Asian imports, Intel's slashing prices to ward off competitors) should boost GTW's bottom line.

In the long run, GTW needs to penetrate the corporate market. I don't think they stand a chance. CPQ-DEC will turn them into chopped liver. But that's in the future. Enjoy the rally and get out while the getting's good.



To: Dr. David Gleitman who wrote (5298)1/30/1998 10:21:00 PM
From: DWW II  Read Replies (2) | Respond to of 8002
 
Dr; I agree w/John...wolfdog2 & Skeeter Bug. It looks like now they will go up some. This should give you an out. I talked to a guy that use to work for GTW a few months ago. He has friends there, and he said that their Q1 sales are strong. So, short term, you probably have nothing to sweat to much. I sold GTW and purchased CPQ.
Good Luck All.......DWW II