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Microcap & Penny Stocks : GGNC - GIC/Global Intertainment Corporation
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To: Harry N who wrote (2250)3/16/1999 8:43:00 PM
From: Todd Pagel   of 2585
 
Harry...SNMM and GGNC have two different business models:

SNMM licenses its software and takes in revenues from royalties based on percentages of earnings at those licensed sites. GGNC has its own agenda and stable of projects ranging from land based casinos to paramutuel horse betting. GGNC has the largest Asian connection and foothold right now having sites translated in Chinese and Japanese now up and operational. They have an acquisition pending of a private company who has been in operation for 3 years and is profitable, earning $100 million annually. They also have deals to open Internet Sports Bars in Tokyo and other Asian cities. I believe they will also announce deals in Taiwan as well.

From what I understand from IR, they have been "starving us" for press releases until they could release a series of positive moves and statistics. Today's announcement may well be the first in a series. I certainly hope it is and that they burst onto the scene this week the way SNMM did. They too have their eyes set on Nasdaq.

In short, I believe this company may well catch SNMM this year, but even if it doesn't, they are the two leaders in the field without a doubt! I own a little of each, so I hope they both succeed. The sector is just about to come onto the radar screens of a larger investor audience. Pick one or both, but these two companies are poised for explosive growth, IMHO. Hope that helped....I recommend the board at Raging Bull as the #1 source of information about GGNC OR SNMM. SI is dead compared to the number of posts you get at the Bull.

regards,

Todd
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