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

To: Kory who wrote (6509)	8/17/1998 5:01:00 PM
From: yard_man	Respond to of 8002

You got to make your own decisions, even if others think they are bad ones. ;-)

To: Kory who wrote (6509)	8/17/1998 5:11:00 PM
From: yard_man	Read Replies (2) \| Respond to of 8002

Felt the need to post something bullish :0) RESEARCH ALERT-CSFB strategist touts tech stocks NEW YORK, Aug 17 (Reuters) - Credit Suisse First Boston's market analyst Christine Callies said economic fundamentals supporting demand for technology products and share prices are hearty and should remain so into 1999. In a report, Callies told clients that the sector has some of the cheapest valuations compared to other growth areas in the market and said profit growth seems to be troughing in most major subgroups in the sector. She said some of the best areas to buy into are growth value hybrids, including Gateway Inc. (GTW - news), which was up 1-13/16 to 58-1/2, and SCI Systems Inc. (SCI - news), which rose 8/16 to 28-15/16. Callies said clients should overweight in the technology sector, forecasting hardware and related equipment, local area networks, software and related services and semiconductors as the best bets. ''The clash between healthy domestic demand and global risks is nowehere more vivid than in the technology sector,'' she said. ''In our opinion, (a recent) recovery is more than an 'oversold' bounce and should continue into early 1999.''