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

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To: V. who wrote (2057)11/3/1998 11:31:00 AM
From: Scot  Read Replies (3) of 2319
 
Hi V!

GT Rules!

This company gets better and better all the time (i.e., I can't believe I'm long on this stock)! I guess I have some luck, otherwise all the Bubbas wouldn't have bought Deer Hunter.

Let me see if I understand the current situation:

116M in net revenues....net income 1.3M

Inventory increased....again......to 109M (from same Q. last Yr.)

They are running a 500M company on 5M in cash....(yes, I know they have the new credit facility)

Unreal was a total dog. Lagged on the Internet....limited videocard support....promises made, but not kept. GT probably doesn't even get any $$ from all the sales of the engine.

Everything is Scoot's fault? Blame it on a Time to Kill??? Please.

Shareholder suit has not been settled.

No new HE title until January (so much for Christmas). Same with Total Annihilation....no Christmas.

As far as this quarter's titles.....Blood2....looks cool but has even steeper system requirements than Unreal (relative to Unreal's release). I can't play it on my system. Maybe that's why people bought Deer Hunter.....??????

Dark Vengeance?

Powerslide? Streak?

They look to be good games, but doubtful to be huge hits.

Bottom line....the only thing consistent about GT is disappointment. Where is all the money going? On second thought, don't answer that....I don't want to know.

-Scot
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