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

To: David R. Parker who wrote (5939)	6/9/1998 11:54:00 PM
From: JCS	Respond to of 8002

I find it somewhat amazing that Barron's would publish an article on GTW's prospects without even mentioning the Yourware marketing initiative. Pretty weak reporting. However if the following is true, it's also pretty weak Public/Press Relations at GTW. "Several calls to Gateway officials were not returned by deadline. In recent financial filings with the Securities and Exchange Commission, the company has cited international expansion as one of its key areas of future growth."

To: David R. Parker who wrote (5939)	6/10/1998 1:22:00 AM
From: Keither22	Read Replies (1) \| Respond to of 8002

David: Thanks for posting the Barrons article, I was hoping to find it on this thread. Guess that's why there are 10,000,000 shorters on GTW. --Keith

To: David R. Parker who wrote (5939)	6/10/1998 9:38:00 AM
From: Wayners	Read Replies (3) \| Respond to of 8002

Before everybody reading this thread starts trusting what these analysts are saying, lets have a look see at their past performance and calls on GTW. Just how right were they? Keven Mc Carthy from DLJ downgraded GTW on 18 Jun 97 from a buy to a market perform. GTW was currently trading at $32, at a bottom. Right after that downgrade, GTW traded up from $32 to $45 over the next month. He has kept that downgrade in place as GTW proceeded to nearly double over the next 10 months. Are you really going to trust this guy? I didn't think so. Ashok Kumar has almost no track record on GTW. He initiated coverage for Piper Jaffray on 2 Apr 98. GTW was then trading at $46 1/4. He had initial rating (and still has) an initial rating of neutral. Well right after that neutral rating (not exactly a buy rating), GTW immediately starts going up and runs up to $59 1/4 at the top. Ashok Kumar missed it. Ashok Kumar is a new employee of Piper Jaffray. He just started in Mar 98. Take a look at his picture at piperjaffray.com. What a geek! Other analysts not listed in the article have similar dismal records. Nomura downgraded GTW on 24 Oct 97 at $30.75, very close to the bottom and 52 week low. Prudential upgraded GTW on 8 Oct 97 at $34, very close to a short term top. SoundView, ABN and Paine Weber all downgraded GTW (each about $33) in Sep 97 when GTW was approaching the 52 week low and bottom at $30.