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

To: H James Morris who wrote (6315)7/28/1998 10:39:00 AM
From: yard_man  Read Replies (1) | Respond to of 8002
 
I'll just hang on. Looks like I blew it by not taking profit the other day as I could have bought back, but gotta take a few risks now and then.

IMO opinion this is all to soon -- both the run back up of GTW and the market in general.



To: H James Morris who wrote (6315)7/28/1998 10:44:00 AM
From: kahunabear  Read Replies (1) | Respond to of 8002
 
GTW's price movement today is a testament to the lunacy of this market. I would love to here the logic for buying this bloated stock at 58. If you take their best quarter ever and annualize it, you still get a ridiculous PE. And this for a company in a cyclical consumer business with little pricing power where the casualties have been high.

IMHO,
WS


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