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Gold/Mining/Energy : GTR GROUP INC. (formerly Games Trader) TSE:GTR, AMEX:GIG
GIG 10.52+0.1%Dec 24 12:59 PM EST

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To: hsg who wrote (253)6/15/2000 2:00:00 PM
From: Professor Dotcomm  Read Replies (1) of 290
 
Probably quite a shrewd move - at least it seems shrewder than what I did - watching its recent slide down.

Your buy in may be a little premature as the searchlight into these kind of stocks may not come around until PS2 hits the headlines in October. But, yes, at least you are in a company at a single figure p/e and a company that is positioned in a key aspect of the convergence of this industry into home entertainment over the next 3-5 years.

GTR has a pole position with regards to Sony and Sega in co-designing and co-developing essential peripherals for this convergence.

If this sounds lofty, think what a wireless controller complete with a keyboard would do to enhance the possibilities of DVD & TV compatible consoles in such a convergent world. That is what GTR and Panasonic have come up with, if I've read last week's NR correctly. Too many people, I think, continue to view GTR as merely a video game company.
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