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


To: John who wrote (1465)2/17/1998 9:03:00 PM
From: RJC2006  Read Replies (2) | Respond to of 2319
 
So what do we have to look forward to? The same old crap. The story here hasn't changed in two years. The company is mismanaged. They have no cash, they have no bargaining power, and now they have a long list of lawsuits filed against them. Folks, I am cashing out tomorrow. Waiting around for this one to run itself in the ground is not my idea of a good time. I just see GT Interactive as having a never ending supply of problems. If we were to level set and decide what it would take to mend today's problems we are still talking no less than a year and GT has proven beyond a shadow of a doubt that they can really screw things up in a 12 month period. Good luck. You are going to need it.



To: John who wrote (1465)2/18/1998 10:28:00 AM
From: Robert Floyd  Read Replies (1) | Respond to of 2319
 
"Though I suppose it was a little special this quarter if they took the hit on all charges they were amortizing/planning to amortize" There is no "suppose" about it...this will be a much bigger writeoff than anything charged on a quarterly basis. The charges up to now were simply after the fact instead of before. I applaud GTIS for finally paying for their developments in a more forthright manner.