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Gold/Mining/Energy : GTR GROUP INC. (formerly Games Trader) TSE:GTR, AMEX:GIG
GIG 10.52-0.1%11:01 AM EST

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To: Ruby who wrote (135)11/4/1999 11:36:00 AM
From: Professor Dotcomm  Read Replies (2) of 290
 
I am not expecting much from the second quarter but I have calculated, on the basis of their respective last fiscal years, that Mad Catz's one month (that will be reported)should be roughly the same as three months of the rest of GTR. Therefore expect revenues in the $12-$15 million range. Also profitability should have increased as their product mix has improved.

I agree. If GTR has stumbled this time, the market will not be forgiving - even though GTR lost money in the same quarter last year. For better or worse, GTR has made its bed as a growing sales and profitable earnings company rather than as a concept stock. That's fine with me - but only if they hit their targets!
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