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

To: yard_man who wrote (6949)	12/30/1998 2:44:00 PM
From: Kory	Read Replies (2) \| Respond to of 8002

One would think that Skeeter, tippet, et all would have thrown in the towel by now. That Kahuna just never seems to arrive, no matter the amount of warning. But no - they continue to accuse GTW of lying because they missed a couple of forecasts. FWIW, I purchased more GTW today for the first time in nearly a year as the price looks attractive to me again. Even if GTW only achieves earnings in the mid/high $.60 range this quarter, this stock will be trading at a PE of less than 25. Assuming decent growth for 1999 and we are back to a 20 PE. And before Skeeter can whine about missing forecasts, I hereby swear that I fully understand that GTW may not make $.78 EPS this quarter. It's called "uncertainty of making analyst expectations". As an investor, I understand my management can not always forecast to the penny months ahead of time exactly how much sales will be, or how much money they will make. Add to all this a mother load of cash, and GTW looks a lot better than 80% of the technology companies out there. Kory