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


To: Jim Fisher who wrote (1798)3/17/1998 4:50:00 PM
From: Nutty Buddy  Read Replies (2) | Respond to of 2319
 
Re: GT sells some games rights to Midway

''Domestically marketing Midway PC titles only without the benefit of cross-marketing with consoles was sub-optimal for both Midway and GT, however, marketing both platforms together overseas is economic, synergistic and MUTUALLY BENEFICIAL to both companies,'' said Ron Chaimowitz, president and chief executive officer for GT Interactive.

This is from GT's press release which occurred 3 days after Midway's release. Now why did Chaimowitz feel compelled to defend their side of the transaction? There's that "mutually beneficial" clause which we all have seen before! Guess there is a "then there's the real story". Anyone have it? How about it Jim?



To: Jim Fisher who wrote (1798)3/17/1998 8:39:00 PM
From: RJC2006  Respond to of 2319
 
Me agreeing with Jim Fisher entirely...who would have thunk it. Every point you make stands up. However, I am a fair guy. I'll give Scott Miller his due. IF THE Scott Miller were to ever tell people on this thread that he knows of some future plans on some blockbuster games that haven't been announced yet then his input would be invaluable. You see criminal law prohibits insider trading not insider desimination of information as long as you don't profit from it. That would be gathered under a civil liability suit and that threat would certainly keep THE Scott Miller's trap shut. But shoot, as Quake II is an Activision/Id software collaboration I guess asking him about network Quake II hookups is out of the question! LOL!