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Non-Tech : GameTech Int'l. GMTC < SATELLITE Bingo and more >
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To: sigmass who wrote (300)6/23/1998 5:44:00 PM
From: tgs59  Read Replies (3) of 400
 
Sigmass,

I am afraid you made several errors in your analysis. Comparative six month net income was down, but only because of the one time write-off associated with the Native American satellite game project. Quarter to quarter net income reflects an increase in net income.

Revenue increased $2.4 million or 43.2% for the six month comparative period. Units installed increased 117%, thus revenue per unit was lower; however, this is due to the tremendous increase in handheld placements. Handset revenues will be less than fixed unit revenues. A simple read of the 10Q would have answered your question, but then you know that quite well.

Revenues are growing, installed units are increasing and so is the all important net income.

I guess you should stick with innuendo, because you will fall flat on your face when you cross over to real facts!!!

tgs59
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