GameTech Int'l. GMTC < SATELLITE Bingo and more > Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: sigmass who wrote (392)	3/19/1999 5:31:00 AM
From: DataBits	Read Replies (1) of 400

The profit margins may be higher with the BTC unit. Although, a significant number of bingo players prefer to use GameTech's hardware due to its ability to simultaneously display more cards. Do not look for GameTech to abandon a winner. The payback on GTI's hardware is probably 3-4 months, the rest is profit. A payback of less than 1 year is extremely desirable for any business investment. The BTC acquisition is a big deal and may lead to improved revenue share percentages with bingo halls. I suspect further consolidation of the industry and would look for other possible acquisitions (i.e., Stewart, MultiMedia, FortuNet). GameTech is the world leader in bingo. Shares are cheap at $3 considering the corporation's recent growth. GMTC should move upward (6 or 7) due to accretive earnings and acquisition(s).

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next