  We consider a speculative model for gamma-ray bursts (GRB), which predicts
that the total kinetic energy in the ejected matter is less than the total
energy in the gamma rays. There is also secondary energy in X-rays, which are
emitted contemporaneously with the gamma rays. The model suggests that
bremsstrahlung and Compton up-scattering by very energetic electrons, are
important processes for producing the observed burst radiation. The dynamics
naturally allows for the possibility of a moderate degree of beaming of matter
and radiation in some gamma-ray bursts. GRB are predicted to have an
intrinsically wide distribution in total energies, in particular, on the low
side. They are predicted to occur out to large red-shifts, z~8, in local
regions of dense matter.
