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Non-Tech : GameTech Int'l. GMTC < SATELLITE Bingo and more >
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To: Don Lachot who wrote (235)5/31/1998 9:48:00 PM
From: Shaquapa  Read Replies (1) of 400
 
I too, am perplexed. For quite a while the volume has been miserable (8-20K). I think that GMTC made some mistakes early on and that people never got past that to see that the company is so damn profitable. Also, IMHO it has been painted by the same brush as other companies in the bingo industry. You can easily tell by the increasing financials that it certainly is not like the others. That along with some poor company communications and erroneous news stories has contributed to the bargain basement pricing.

I think the catch is that nobody is watching. The street will eventually wake up to GMTC. The stock buyback should help get things noticed as well.

BTW - that 8 cents earnings is for this quarter only!
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