  We investigate here the gravitational collapse end states for a spherically
symmetric perfect fluid with an equation of state $p=k\rho$. It is shown that
given a regular initial data in terms of the density and pressure profiles at
the initial epoch from which the collapse develops, the black hole or naked
singularity outcomes depend on the choice of rest of the free functions
available, such as the velocities of the collapsing shells, and the dynamical
evolutions as allowed by Einstein equations. This clarifies the role that
equation of state and initial data play towards determining the final fate of
gravitational collapse.
