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Non-Tech : GameTech Int'l. GMTC < SATELLITE Bingo and more > -- Ignore unavailable to you. Want to Upgrade?

To: Sasquach who wrote (10)	1/10/1998 2:49:00 PM
From: Instock	Read Replies (1) \| Respond to of 400

James: I think the Panic selling was Friday with its 48% drop on the Press Release. Weekend to cool of and read the Earnings Report in a non Panic state. Earnings were strong and strong growth, but that was over looked as everyone was looking for something hot and dirty to jump on. Looking at the past volume, I would say there are few investors LONG on Margin untill possably friday. If the stock should drop a bit more, they would have three days before needing to sell on a margin call. Those who Short Sold GMTC will want to cover ( Buy ) as soon as the price moves up some, to lock in thier profit. ( if they have any ) I am not saying that GMTC will go up monday, but I do feel there is a very strong potiential for it and the gain should be rewarding. I talked with someone from GMTC Friday afternoon. Take this for what it is worth, but he said that Prudiential will be issuing a Stock Recommendation Monday on GMTC. Not saying this is so and not basing my bounce theory on it, but it sure would be nice if it did happen. I asked if it would be reported, he did not know. Like I said, take it for what it is worth. Call the company first thing monday AM and ask them about it. Instock