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


To: Chris McConnel who wrote (1735)3/12/1998 12:23:00 PM
From: Scott Miller  Read Replies (3) | Respond to of 2319
 
>>> So, in other words, GT will have lower future income because of what Gathering of Developers is doing. <<<

Let me put it this way: I think that many developers who do not publish through Gathering will benefit from the information we've released publicly. This is certainly the feedback we've received.

>>> Also, would you agree the GT will have lower reported earnings now that they are expensing prepaid royalties as they occur? <<<

Sorry, I do not know enough about accounting to comment intelligently. However, my guess is that it simply shifts the expensing to an earlier date, meaning more profits when the game is released. The expenses are gonna get reported sooner or later--the money is advanced and/or spent either way. But as I said, I'm not an accountant and I may be missing something.

Scott Miller
Apogee



To: Chris McConnel who wrote (1735)3/12/1998 7:02:00 PM
From: Scot  Read Replies (1) | Respond to of 2319
 
Here is the first paragraph of a 10 page article on G.O.D......for those who are interested:

-Scot H.

gameslice.com
------begin quote--------
Mike Wilson's divine dream of a developer-owned publisher is now a reality. Combine one ego-drenched name, a tossed salad of the hottest polygon spatterers in Texas, seven zeros of financing, and the resulting synergy is the Gathering of Developers. Behind the primped PR-gloss of what game companies want you to hear, GameSlice Editor-in-Chief Geoff Keighley unearths the undeniably fascinating tale of why this We-Are-The-World-esque concoction of developers is a suit-driven game publisher's worst nightmare, and a hard-core gamer's ultimate fantasy.

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