GTIS - Will it be a Phoenix or not ? Message Board

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Technology Stocks : GTIS - Will it be a Phoenix or not ?

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To: Bill Gizzo who wrote (2010)	8/6/1998 9:21:00 PM
From: RJC2006	Read Replies (1) of 2319

You know Bill...remember when we first started out on this thread? We knew that GT had "some" problems but if one of us would have said to the other that the things that have happened to this company would happen would it have been believable. You know there is something that I can't help thinking back on. I submit that GT's problems really started when Walmart announced a gradual pull away from distributors to direct stocking from the manufacturers. Sure, GT said that they expected this but I don't think for a second that they had an acceptable plan for covering that lost revenue. And wouldn't you agree the overhead for stocking a store shelf is significantly lower than game development costs. These guys are running out of ideas and cash. It will be interesting to see which one dries up first. Personally, I am a bit worn out with strictly shooter games. Same old same old. Don't know if they are going to ever wake up out of their hypnotic trance on this one. Trust me, after being burned on this one it is debatable whether I know anything about stock investing but I do know something about games and Interplay's lineup the last year has literally beat the socks off of GT's IMHO.

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