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

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To: tgs59 who wrote (177)5/29/1998 12:37:00 AM
From: Timothy R. West  Read Replies (2) of 400
 
Just starting to learn about GMTC.
Thanks for all the posts.

What do you think will happen as a result of the shareholder lawsuits? Will the company have to pay back all of the original shareholders who still own stock?

The stock seems worth a play for a rally...
the revenues look good...
the sales per share are good...
the cash per share is great...
the $5 million buy-back is great...
the float is small enough to fly under most radar screens...
the liquidity of the stock leaves a bit to be desired (avg 60k/day).
today's volume was 4X's average, so perhaps a plus...

Question: When is restricted stock coming off restriction?

NET - NET:
I'll buy a little and see how it goes...
It doesn't seem to be too risky at these levels...
But of course if it goes to ZERO, then I wont lose any sleep.
Thanks EVERYONE for your posts.
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