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Gold/Mining/Energy : Games Trader -- Ignore unavailable to you. Want to Upgrade?

To: John Paquet who wrote (583)	6/9/1999 3:16:00 PM
From: Dettmer	Read Replies (2) \| Respond to of 1239

Thank you so much for your explanation about your bearishness. As I have said before I personally view GTR as a pure play on the interactive entertainement/video game industry. GTR is profitable and growing in a fast growing industry. Their distribution base is growing rapidly with the addition of blue chip names (Wal Mart, Blockbuster, Rogers etc.). Their Internet strategy, if it ever materializes, will only be a plus, a way of increasing their already large distribution network. This is not an Internet play. Their e-commerce strategy is certainly designed to increase sales, not the stock in the short-term like so many other companies: they actually have products to sell on the Internet, products that people want to buy (look at the industry statistics). I view GTR as an undiscovered story. Sure it is small and volatile but so was Softkey Software when they started 10 years ago (a good comparable I think). Look at what happened to Softkey (and their shareholders). I don't trade, I invest. I happen to like GTR and its management. I like their strategy and I can see that the video game business is booming. Look at all the website selling video games and point out one which sells previously played games. I haven't found one. Go to Wal Mart and ask them how the GTR games are selling. You may be surprised. It is worth the trip if you own the stock. Enough said. I am bullish you are bearish.