SI
SI
discoversearch

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


To: tgs59 who wrote (218)5/29/1998 6:00:00 PM
From: *ROSARIO*  Read Replies (1) | Respond to of 400
 
Is my estimate in the ball park regarding the devastation of the IPO GMTC investors due to the companies FRAUD??How much would estimate the average loss was. Did you have any friends invest in the IPO based upon your recommendations or were you already privy to the fraud, misstatements, omissions, etc. etc,.?????



To: tgs59 who wrote (218)5/29/1998 6:31:00 PM
From: *ROSARIO*  Respond to of 400
 
How do you know that the board is MADE UP OF QUALITY PEOPLE when in reality they RIPPED off thousands of investors. Are they making arrangements to pay the INVESTORS back or forcing them to continue with there CLASS ACTION SUITS??? What is your definition of QUALITY PEOPLE????



To: tgs59 who wrote (218)6/2/1998 2:21:00 PM
From: Timothy R. West  Read Replies (1) | Respond to of 400
 
I wish I could meet them (the mgmt) for myself. I wish I had tons of time and tons of money to do all the necessary due diligence.

Life is short and their isn't enough time to do all that we need to do, so you have to make some assumptions now and then.

I am willing to assume that risk of being wrong. I could also choose to NOT buy GMTC, but I decided to buy anyway. I believe everyone should get a second chance too, so I don't care if someone screwed up in the past. I can say that I have lost more money than I care to remember by TRUSTING people. So due diligence still wouldn't work if you trust what people say.

Both of you have made great points on both sides of this story (bullish and bearish). I appreciate all the comments.

I think we need to get the story out to others and have the company spend some money spreading the story. You have to talk to the newspapers, media, internet... etc to spread the word.

Best of all to all of us.