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Gold/Mining/Energy : GTR GROUP INC. (formerly Games Trader) TSE:GTR, AMEX:GIG
GIG 10.56-0.1%Jan 9 3:52 PM EST

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To: moishe who wrote (145)11/16/1999 1:16:00 PM
From: Professor Dotcomm  Read Replies (2) of 290
 
Just a further thought on your post of Nov 9. Apparently, Mad Catz had margins of around 22% during September. According to the company they said in the conference call that they had to air freight extra supplies to cope with the huge Dreamcast demand. This does not do margins much good!

Otherwise, the integration seems to be going well and it is just in time for the Christmas rush. It may even overflow into the 4th quarter since kids will get consoles for Christmas from their parents and then they will go into the shops in January for accessories and (hopefully) value priced games.

I think the stock is appearing to be getting ready for some rock n'roll.
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