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Non-Tech : GameTech Int'l. GMTC < SATELLITE Bingo and more > -- Ignore unavailable to you. Want to Upgrade?

To: ROSARIO who wrote (77)	4/24/1998 4:38:00 PM
From: tgs59	Read Replies (1) \| Respond to of 400

Rosario, I guess you did not read, or at least understand, my post. Your information is inaccurate (wrong), so I cannot give you a yes. We have had several price decreases over the past twenty months, but have had and continue to have significant revenue gains. Trend nor GMTC would ever reduce by 33% in one jump, but over approximately two years we have continued to make reductions, so that we could continue to expand the market. Are you familiar with DELL Computer. With every incremental reduction, Trend / GMTC has derived expanded market share and experienced revenue increases. The price reduction we took last fall fueled our growth into 1998. Our lowest lease rate requires a multi-year commitment from the bingo facility. Shorter term commitments will pay a higher lease rate. You should understand that Texas being one of the latest states to open to electronic bingo, has necessarily had some of the highest lease rates. These lease rates come down quickly as the installed base grows. I would assume this will make it difficult for some of our competitors, as they have nowhere near the installed base that Trend / GMTC has established. I have no idea why the stock price is so low. It looks to me like the stock is selling at or below book value. I would think this would be a major buying opportunity. I think all of the bingo related stocks are being painted together, which will hurt this company. GMTC is alone among the other bingo stocks, as to financial resources, and profitability. I think the company needs to expand its following in a big way. Its a great story, but it needs to be told. I am going to make every effort to avoid posting information about GMTC on the AGTI thread. I will look forward to the opportunity to discuss and analyze GMTC with any poster. tgs59