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Gold/Mining/Energy : Games Trader -- Ignore unavailable to you. Want to Upgrade?

To: John Paquet who wrote (545)	6/7/1999 11:45:00 AM
From: Dettmer	Read Replies (2) \| Respond to of 1239

<<In early March-April, 1999, I expressed a very grresive buy on GTR, SOJ and many other i-stocks or Hi-tech stocks. In this May, I reversersally suggested very agressively getting out of this group of stocks.>> Dear John, as I stated earlier, what is driving GTR is not the "I" or "technology" flavor. Sure if they ever come out with details on their e-commerce strategy we may get excited about it, but for now, GTR represents a pure play in the interactive entertainment - video game - market. GTR is a growth stock which will go up and down along the way (they all do, don't they). Let's see what it ends up in twelve months. Who cares if it goes up or down $0.30 on any given day? I personally do not trade in and out of these stocks like you seem to do (at times quite successfully it would appear). As long as GTR keeps growing in a growing market I will hold. The fundamentals of the company and of the industry is what I focus on. I also like the fact that the company is being very conservative in the way the tell their story to the investment community. For example, the only reference to an e-commerce strategy came out in the news release about the recent financing. That's it. And you think that is what made the stock go up? I don't think so. The management of GTR seems more focused on the company than the stock which is good to see. Anyway, good luck to you.