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

To: Don Lachot who wrote (235)	5/31/1998 9:48:00 PM
From: Shaquapa	Read Replies (1) \| Respond to of 400

I too, am perplexed. For quite a while the volume has been miserable (8-20K). I think that GMTC made some mistakes early on and that people never got past that to see that the company is so damn profitable. Also, IMHO it has been painted by the same brush as other companies in the bingo industry. You can easily tell by the increasing financials that it certainly is not like the others. That along with some poor company communications and erroneous news stories has contributed to the bargain basement pricing. I think the catch is that nobody is watching. The street will eventually wake up to GMTC. The stock buyback should help get things noticed as well. BTW - that 8 cents earnings is for this quarter only!

To: Don Lachot who wrote (235)	5/31/1998 10:08:00 PM
From: tgs59	Respond to of 400

Don, GMTC designs, manufactures, installs and maintains electronic bingo systems. These systems assist bingo halls in maximizing revenues, by removing the physical restraints inherent with the game of bingo. In Texas we have converted the average paper player, spending $11.00 per session, into a $25.00 player on electronics plus still buying some paper. There is a great deal of growth available, both in Native American bingo and charity bingo. Sounds like you have done the financial analysis, so I will simply agree with your post. tgs59