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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 (178)5/27/1998 8:25:00 PM
From: tgs59  Read Replies (3) | Respond to of 400
 
Rosario,

I was wondering where you were hiding. I must tell you that you are creative in your spelling and your writing. Of course creative and accurate aren't the same thing. As I have told you before, results are a much better gauge of success than your prognostications.

I too am frustrated with the current GMTC stock price, as I have many friends and associates that have recently bought and would like to see upward movement. I tend to believe that the general weakness of the public stocks in our industry are affecting the GMTC share price.

I know you are desperate to make a big deal about litigation and I agree that it is a nagging drain on time and resources, but your intimations are so inaccurate they border on ludicrous. I can only say watch and learn.

AGTI is not a factor here in Texas, regardless of what AGTI management might tell you. I am not even aware of them installing in existing BTC locations as of yet, though I would think this should have already happened. AGTI has not even been in the running at any hall in which I have been involved in competing for a placement contract. Just last week I replaced two FortuNet locations and picked up three new virgin locations, which I should point out are getting pretty rare. In none of these competitive selling situations was AGTI even mentioned by any of the various distributor competitors. Trend and GMTC are entering into a rapid growth phase here in Texas and from what I am hearing this is being repeated throughout the country. Again, we will just have to watch this play out over the next few months and I believe that investors choosing to jump in should be well rewarded.

Rosario, I am truly sorry about your situation, but your deluded venting does neither you or AGTI any good. The real truth is that the competitive marketplace will decide who succeeds and at this time that is GMTC. Just recently AGTI lost locations in Mississippi and in Wisconsin to be replaced with GMTC systems. GMTC is opening in new states (Kentucky, Ohio, Montana, Iowa, etc). GMTC is also moving into Nevada. Much of the top industry personnel, technical and sales, have recently joined GMTC. As I am sure you will see in the impending second quarter results, revenue is growing, the company is profitable and it has the resources, management and financial, to continue rapid growth. It is interesting and depressing to note that GMTC stock is basically selling for its cash value, but it does create opportunity. Obviously I am quite optimistic about the company and its future.

I will be posting a copy of this on the AGTI thread.

Have a good evening.

tgs59



To: *ROSARIO* who wrote (178)5/27/1998 11:31:00 PM
From: Lord Smooth  Read Replies (2) | Respond to of 400
 
Thanks for spelling your opinion out. In seems you may be going a bit overboard. In my opinion, the stock price is an over reaction to a government suit on the legality of the game machines, the class action suit won't wring much out of the company. Look at CGGI and UCR, slowed down but not stopped by government suits and class action suits. Once GMTC settles -- and it will settle if mgmt aren't dumb -- the stock will recover based on continued revenue and earnings growth -- even if it is at a slower rate than the prudential and dlj analysts estimated at first. My only concern is how much lower will it go before it turns around. Thanks for your opinion. BTW, what are the specific lies you believe mgmt has made? Good luck...

Schopenhauer



To: *ROSARIO* who wrote (178)5/28/1998 12:14:00 AM
From: David M. Lomow  Respond to of 400
 
Hey Rosario

I for one appreciate your comments, But could you turn the caps off!
It is very difficult to read you posts. As well try using the return key once in a while. The occasiaonal paragraph would make your posts easier to read

Thanks and keep up the good work

DL