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Technology Stocks : GTIS: Is there a better bet for Christmas sales?

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To: Jim Fisher who wrote (379)2/6/1997 12:38:00 AM
From: Bill Gizzo   of 432
 
Jim:
There seemed (before today's general tech sell off), to be a positve responce by the street to the news, and GT was able to bounce right back up off its intraday low of 7 3/4 to close @ 7 7/8 - 8. Agree with you in regard to cash balance concerns, however I don't see a repeat of last quarter's cash balance fiasco. RC & Co. had to have learned a painful lesson last quarter, regarding the providing of timely information to analysts about any particulars (re. Walmart's payment schedule & $30 mil.), that would adversely affect the cash balance levels or sales, etc. in quarterly reports. I'm really looking foward to seeing how long it takes GT to achieve the 40% inhouse goal and what the quality of the software content will be.
Cheers
Bill
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