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: RJC2006 who wrote (2189)	4/12/1999 9:37:00 AM
From: Scot	Read Replies (2) of 2319

Here is an interesting little article....and some news that DNF will not be demoed at E3. I wonder if Scott has any comment on this: For more see: gameslice.com -Scot GT Interactive: Blaiming the Wrong Games? The fact that Duke Forever and Prey won't be on display at E3 is probably not very good news for publisher GT Interactive. The company announced a massive loss for the 4th quarter of their fiscal year (to the tune of 50 million), and will immediately be relocating their operations from New York to Los Angeles. Believe it or not, GT blamed games like Unreal Tournament and TA: Kingdoms not shipping on time for their excessive red ink. To me this is just hypocrisy – GT needs to stop shipping B-grade titles like Dark Vengeance and Power Slide if they want to stay profitable. It's not that games are slipping – It's that they are shipping poor quality games. For proof of this point, look at a company like Electronic Arts. Sure, games are slipping, but they have such a strong lineup of titles it's no big deal when Tiberian Sun's ship-date slides to the summer.

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