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

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To: Nutty Buddy who wrote (1800)3/17/1998 6:19:00 PM
From: Chris McConnel  Read Replies (1) of 2319
 
Buddy,

my take on the Midway news:

It concides with Midway reporting earnings will be below analysts estimates. It may be a way of Midway showing they can grow the market for their games. But given what other developers have said about distributing their own games, have a feeling Midway would have been better off leaving distribution to GT.

As far as it being beneficial for GT, only over the short term. It will give GT some cash, which they could really use right now.

- Chris
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