IPO and Other Stock Plays Message Board

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Strategies & Market Trends : IPO and Other Stock Plays

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From: MLD38	3/20/2007 6:37:58 PM
	of 13331

IPOhome featured IPO: Glu Mobile (GLUU) ipohome.com Starts off: ..."Glu Mobile (originally dubbed Sorrent) was founded in 2001 by Scott Orr, a leading designer of the hugely popular video game franchise Madden, to develop games in the burgeoning area of cell phones. With low penetration rates of only 5.5% in the US and Europe, the global market for mobile gaming is expected to grow 50% annually over the next few years to hit $10.5B in 2009 on the back of improving handset capabilities and increasing end-user awareness. By licensing popular brands and developing games that appeal to broad audiences, Glu has rapidly grown its revenue and market share and is now the third largest player in this crowded space. Glu’s strong growth potential and scalable business model help make it our featured IPO of the week."...

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