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Technology Stocks : GTIS - Will it be a Phoenix or not ?

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To: Bill Gizzo who wrote (1232)12/2/1997 12:10:00 PM
From: buckeye3d  Read Replies (3) of 2319
 
Hello everyone. I'm new to Silicon Investor and have been enjoying the posts on this thread. I recently bought GTIS as a value play. I think it is very undervalued compared to its peers and estimated growth rates in the future.

I thought I'd share some good news I read in Merrill Lynch's report from yesterday. They have a long term buy on GTIS with a 12 month price target of $13. They are very comfortable with the .23 estimate for this quarter. Even if the MRPS deal falls through they are comfortable with 98 estimates. Also, the price that MRPS can walk away is 8 7/32. ML does not believe MRPS wants to though. They expect they proxys to be mailed out soon and a conference call to be held followed by a road show. This should help get GTIS out in front of investors and give them a reason to buy. Other tidbits:

-GT is already getting reorders on Duke Nukem 64
-Oddworld continues to sell above expectations and reorders have been strong
-Total Annihilation is also surpassing all expectations with high reorders
-And perhaps the wierdest, Deer Hunter ($19.99) outsold Riven the week before Thanksgiving at Walmart! People really underestimated how well value games can sell.

Hope this helps. Let me know what you think.

Alex
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