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Non-Tech : GameTech Int'l. GMTC < SATELLITE Bingo and more >
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To: Shaquapa who wrote (184)5/28/1998 9:15:00 AM
From: Lord Smooth  Read Replies (1) of 400
 
off topic

I have been following MGAM and GMTC ever since MGAM started tanking and a gambling friend told me about it. What I like about these companies are that they are so new and so tiny yet already profitable, with what looks like a lot of room growth. I think I confused MGAM's problems with GMTC, but that just illustrates perhaps the negative sentiment of the entire group right now. Obviously people are expecting more problems in the group, which may not necessarily be the case. Also, it is very uncommon for such a small company to be followed or financed by first-tier WS firms, which is a good sign in my opinion. I am also following LUST, though just recently, and I do not have a strong hold of it right now. Shares outstanding will soon go from 6.x mil to around 10.x mil, and while the loss has declined from last year, I do not know if that is the result of an improvement in operations, or because of a newly acquired business which will never become profitable. It is around $1.5 now I think. LUST does Internet though. Once GMTC are MGAM goes Internet, which is likely at some point -- don't you think? -- they will get a lot more attention, whether it is deserved or not...
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