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

To: Skeeter Bug who wrote (6121)	7/15/1998 1:25:00 AM
From: Kory	Read Replies (1) \| Respond to of 8002

Sorry Skeeter, but little or no earnings growth is simply not true. Gateway earned Q2 last year $.36 Average Q2 estimate this year $.43 That is about 20% growth. Even if they only report $.40, it would still be better than 10% growth. As for the argument about t-bills, you could make this argument about the S&P 500 as a whole. Last I checked the S&P 500 traded at a forward PE of 29, which is almost exactly where GTW is today assuming they make the estimated $2.25 for the year. Overall market expensive? I agree. GTW more expensive than most? Not backed up by evidence.