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: Chris McConnel who wrote (1747)	3/13/1998 4:18:00 PM
From: Mister Pink	Read Replies (2) \| Respond to of 2319

Hi, I've been following this thread as a lurker for the past few weeks, and felt that it was time to register (at least for the free trial period) just to get a response in. Just so you know my background... I am a game developer. I also work for a GTIS subsidiary; I want to make that clear so I don't get accused of conflict of interest. I don't own any GTIS stock nor have any stock options. I am not here to represent, defend, attack, or provide information on GTIS; I am pretty low on the totem pole. >>>On one hand you've been talking up how wonderful GT's prospects are for the future, but on the other hand, when it comes to the Gathering, the underlying message seems to be, "Gathering is going to do some damage, and 3dRealms is going to help. Underpaid developers are gonna get our just rewards, and if GT loses profits over it, too bad."<<< Scott has claimed that his company purchased shares of GTIS at $11, so it's logical to assume that he wants these shares to go up. On the other hand, Scott is also a board member of Gathering of developers, so he also stands to gain by having that organization take titles away from other publishers (including GTIS.) There's clearly a conflict of interest here, a rather disturbing one I think. I would not claim that Scott's true purpose here is one motivated purely by self-interest, both to push up the share price of GTIS so that he and his company can profit and to hype Gathering of Developers (especially it ever went public, in which case Scott would certainly stand to profit.) But I can certainly see why one would believe that. Please remember that Scott is not a GTIS employee; he is to GTIS what an author would be to a publisher. He cannot speak for the organization as a whole.