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Non-Tech : Global Games Corporation is on the move (GLOW)

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To: Double Dipper who wrote (356)3/20/1998 8:39:00 PM
From: CO  Read Replies (1) of 720
 
Kevin, I don't think there is really much additional information that I can add to Brad's overview. I am continuing to research GLOW. If I come up with any additional information, I will let you know.

The projected earnings of .50 eps for 1998, came from the company. It was also mentioned in a previous press release.

Here is an excerpt from their Nov 17, 1997 press release:

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Global Communications provides commercial Internet services, third party credit card processing, and Internet entertainment with bingo and lotto games. With the expansion of itsnon-U.S. bingo and lotto wagering and expanded Internet commercial village strategy, Global anticipates $100 million in revenue and over $.50 per share in earnings in 1998.
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The company has indeed made some changes. However, they remain confidant they can meet their eps projections for 1998.

Cheryl
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