Silicon Investor (SI) -- The First Internet Community

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.

Technology Stocks : GTIS - Will it be a Phoenix or not ? -- Ignore unavailable to you. Want to Upgrade?

To: buckeye3d who wrote (1233)	12/2/1997 2:45:00 PM
From: Bill Gizzo	Read Replies (1) \| Respond to of 2319

Welcome to the tread !! Appreciate the news, although I've never been too impressed with ML's ultra-conservative outlooks. <I thought I'd share some good news I read in Merrill Lynch's report from yesterday. They have a long term buy on GTIS with a 12 month price target of $13.> This would be good news except for the fact that before GT announced the merger, the stock was trading @ 12 5/16. Now according to ML we can expect to wait 12 months before the stock recovers from the MPRS aquisition and returns to the pre-merger announcement price range. Thats not real encouraging news to those shareholders of record prior merger announcement. I'm looking for a much higher number like $18 <Even if the MRPS deal falls through they are comfortable with 98 estimates.> With Duke Nukem Forever, Prey, Millenium 4 The Right, Unreal, and possibly Max Payne just for starters, there wasn't much justification for uncertainity with regard to GT's 98 estimates. <Also, the price that MRPS can walk away is 8 7/32. ML does not believe MRPS wants to though.> MPRS can't afford to walkaway as GT's offer was "substantially" better than any other offer made for this troubled company. Deer Hunter's popularity was probably due to: 1) price 2) excellent market timing to arrive in stores just prior to the start of the hunting season. GT understands well the necessity of market timing to achieve proper sell-though of a title. Cheers Bill

To: buckeye3d who wrote (1233)	12/2/1997 5:00:00 PM
From: Trader Dave	Respond to of 2319

Even more amusing, according to some contacts i have, deer hunter was the NUMBER ONE selling software title at Walmart. yuck yuck. I'd bet the stock finishes bottoming out once the investor roadshow starts. there may be a lid on the stock as the arbs are messing with the mprs/gtis spread. td

To: buckeye3d who wrote (1233)	12/2/1997 5:30:00 PM
From: RJC2006	Read Replies (2) \| Respond to of 2319

Welcome aboard. This is an informative as well as fun thread. Comments on your post. I don't know anyone who thinks the MPRS deal is not going to go through even at these prices. Hey if the GT price were too high at time of the acquisition close GT would be drug down anyway by MPRS stockholders cashing out. Your report on Lynch is good news. I know some Lynch subscribers and I will ask them if they have seen any news like this. I was wondering-- Where did you get your info on game sales activity (Duke, TA, Abe)? On Deer Hunter--it's been pretty popular for some time. The kicker is Myst is outselling Riven. The reason IMHO is that Myst is now a value game even if it isn't recognized as such. I mean come on, it's $19 with a $5 rebate. If that isn't value game I don't know what is.