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

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To: stock leader who wrote (363)11/14/1998 2:36:00 PM
From: Shaquapa  Read Replies (1) of 400
 
FWIW here is my never to be humble opinion....

GMTC did some dumb things early on outside of their core business (TSBN and Guam for example). Although it didn't significantly affect their core business and revenues, it wasn't percieved that way.

Next, it was erroneously reported that GMTC was raided by the FBI, when in fact it was MGAM. There was a correction, but the damage was done.

The rest of the public stocks involved in bingo have also contributed. If you only did a cursory look at the industry you might very well conclude that AGTI has always been the leader of the industry because of the huge amounts of press releases touting themselves as such. Although they have never been a significant player in the bingo business and are now bankrupt, GMTC seems to get painted with that tainted brush. NOTE: Please save all the flames - I am STILL a stockholder in AGTI. I don't like what happened there either!

MGAM has had their legal problems. STUA seems to be in financial trouble. I think it contributes to GMTC's miserable stock price.

What a deal at these prices though! That's my opinion and I'm stickin' to it! <vbg>
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