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Non-Tech : GameTech Int'l. GMTC < SATELLITE Bingo and more >

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To: *ROSARIO* who wrote (178)5/27/1998 11:31:00 PM
From: Lord Smooth  Read Replies (2) of 400
 
Thanks for spelling your opinion out. In seems you may be going a bit overboard. In my opinion, the stock price is an over reaction to a government suit on the legality of the game machines, the class action suit won't wring much out of the company. Look at CGGI and UCR, slowed down but not stopped by government suits and class action suits. Once GMTC settles -- and it will settle if mgmt aren't dumb -- the stock will recover based on continued revenue and earnings growth -- even if it is at a slower rate than the prudential and dlj analysts estimated at first. My only concern is how much lower will it go before it turns around. Thanks for your opinion. BTW, what are the specific lies you believe mgmt has made? Good luck...

Schopenhauer
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