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Gold/Mining/Energy : GTR GROUP INC. (formerly Games Trader) TSE:GTR, AMEX:GIG
GIG 10.520.0%2:20 PM EST

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To: Mr. Forthright who wrote (237)3/5/2000 6:37:00 PM
From: moishe  Read Replies (1) of 290
 
Thanks for the info. I found the link to the article on the Yahoo thread, which incidentally, has been quite active this week, just like the stock in the U.S.

messages.yahoo.com

What I understand from the article is that video consoles are fast becoming more than game devices. They will be used to play CDs, DVDs, sent emails and surf the Internet. In other words they will do - at a fraction of the price - what home computers do. No wonder Microsoft is working on its "X-Box".

If these consoles sell well in the coming years I can see GTR Group benefiting. But it would appear to me that the real opportunity for GTR Group is to develop new kinds of products for these machines, not just products to play the games. I hope this is what Peter Kozicz meant when - in the last news release - he stated:

"As the convergence of technology moves forward, so will we. We will continue to develop differentiated products and services that will capitalize on opportunities created by the fundamental changes now shaping our industry."

What's does the reference to "services" mean?

Mr. Kozicz: explanation please.

P.S. Market action comment: getting better but I still think the real break-out point is $5.20CDN.
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