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


To: Bill Gizzo who wrote (1445)2/3/1998 11:15:00 PM
From: Mike Farrar  Read Replies (1) | Respond to of 2319
 
Hello, wake up guys!!!

Don't any of you have children that play Sega Saturn,
Sony Playstation or Nintendo 64? Go through
some of the hot games for late 97 and early
98 and you might just see the GT INTERACTIVE
name thrown around in about 20 different places.
This stock is sorely undervalued and highly
overshorted. Sooner than later one the analysts
are going to upgrade this stock and it is going to
tear past 10 in no time. If ever a stock was priced
to low for its potential it is this one.

Jeff



To: Bill Gizzo who wrote (1445)2/4/1998 6:12:00 PM
From: RJC2006  Respond to of 2319
 
And this is about the best explanation for the MPRS/GT washout and also explains why we had the earnings meltdown almost two years ago.
cgw.gamespot.com



To: Bill Gizzo who wrote (1445)2/5/1998 9:16:00 PM
From: RJC2006  Read Replies (1) | Respond to of 2319
 
<<He added that, "We lost the momentum we had begun to build a year ago, when we had three successive quarters of high revenues, operating and net profits, and we were hearing from a number of companies interested in exploring the potential of a business combination. As a result of these discussions and the eventual failed merger with GT Interactive Software Corp. (Nasdaq:GTIS), we became distracted; we lost employees in sales, marketing and administration; management attention was diverted; our product release schedule slowed; we lost distribution in the U.S., and our relationships with retailers and distributors suffered.>>>

From the Micropose press release. Gee, I never realized that GT Interactive was so powerful!!