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

To: Jet.Screamer who wrote (5756)	4/22/1998 5:10:00 AM
From: Skeeter Bug	Read Replies (2) \| Respond to of 8002

jon, not saying you are right or wrong, i'd just like to point out that when a cycle turns south everyone says exactly what you say about the last remaining companies. weren't they saying that about seagate before it fell 50%+? ;-) they were saying it about one of the drive companies, but i can't remember which. dell has been impressive - though a 75 pe is stretching it (by a factor of at least 2, imho). gtw made a nice turn - though 1 q is often not long enough to reward a company like gtw has been rewarded. but, hey, people are no longer skeptical. they just buy what everyone else is buying because it is cool. gtw is cool right now. ibm had eps drop 13% and they roar to an all time high. why not discount a decl9ining eps rate? something is not quite rational here.