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

To: Kory who wrote (6438)	8/9/1998 6:36:00 PM
From: John E. Stanga	Respond to of 8002

Kory, when did you go long on GTW? I have been long since 1-5-96 and thus far have no regrets, though i damn near sold when it hit 67 but wasn't nimble enough to write some covered call options. jes

To: Kory who wrote (6438)	8/10/1998 12:25:00 AM
From: Amir Shalit	Read Replies (1) \| Respond to of 8002

Kory, GTW stopped growing about two years ago. Last good eps report was in Q496 when Gateway 2000 made over 60 cents. Around the same time, cheap PCs started to gain momentum. One thing that I find really amazing, is that regerdless to very poor fundamentals, this bowow managed to rise from around $25/share split adjusted when earnings peaked 18 months ago, to $68/share recently. As you know, markets do make mistakes. Few recent examples include: Prestek (down 90%), Boston Chicken (down 98%), NETM (down 95%), NSCP (down 80%) etc. GTW is ready to join this group very soon. Amir