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

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To: John who wrote (1473)2/18/1998 4:15:00 PM
From: RJC2006  Read Replies (3) of 2319
 
Unreal might provide a quick turnaround buy opportunity. How in the world this stock went up today is beyond me. Without Unreal released this quarter I don't see where the growth is going to come from. I might be willing to buy on a dip. Then I would at least be out of the 12 dollar range I originally bought into, take a loss and maybe turn a couple of points. In the 5 to 6 range it's very possible to do this with GT. However, I just wasn't willing to wait around any longer. At this point GT is a player's stock and far from an investor's stock IMHO. But I have to marvel at 'em. It takes some real chutzpah to claim "net income" while taking a .67 a share write off and wiping out a whole year's earnings....real chutzpah.
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