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


To: Scot who wrote (1780)3/16/1998 1:40:00 PM
From: RJC2006  Respond to of 2319
 
<<<Here is a little news.

Cavedog Entertainment and Humongous Entertainment creative director Ron Gilbert filed with the Securities and Exchange Commission Monday to sell 59,000 shares of parent GT Interactive [GTIS] stock,
valued at $498,000. Meanwhile, Humongous President Shelley Day also
filed Monday to sell 50,000 shares of GT stock, valued at $422,000. GT Interactive, Allyne Mills, 212/726-4202)>>>

Yes, and I would bet 10-1 he will "make" money from this sale. Something GT shareholders won't be seeing for quite a long time. As stating things for the record is so important here let me say that I am predicting that with the release of Unreal, GT still won't be able to climb beyond the $12-$13 dollar range. The street is aware of how they treat shareholders and they know how they handle their business.