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Non-Tech : Global Games Corporation is on the move (GLOW)
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To: oopps who wrote (360)3/21/1998 12:14:00 PM
From: CO  Read Replies (2) of 720
 
oopps, They are NOT claiming .50 eps for 1997. That is an ESTIMATE for 1998. This is one of the reasons that I think GLOW is so undervalued.

Of course most brokers have not heard of GLOW. It is a penny stock. I don't know of many brokers that pay much attention to a penny stock. They wait for it to go to $5.00 and then try to get you to invest. I would prefer to take the risk at the lower price myself based on my own research.

In the past I have made some of my largest profits on stocks my broker tried to talk me out of buying. I got rid of that problem. I switched to an on-line discount broker. Why should I pay big commissions to a broker when I am doing my own research and my broker doesn't know anything about the stock.

I love to find undervalued companies that brokers dislike. But because they do carry a greater risk, I continue to do extensive research on the company to help reduce my risk. For example, I first bought FAMH at .17. It is now at .60 and is still moving up in stair-steps.

I still continue to do my DD on FAMH just as I am doing on GLOW. And I like what I see.

GLOW is not a huge company. It only has about 12 to 15 employees. Most of its revenue comes from recurring electronic transactions. So overhead is very low. Not every successful company has to have a big sign out front.

I do suggest that everyone do their own research and not just take my word for it. With penny stocks, when you don't do your own research, that is usually where you get into trouble on your investment. It helps you do what is right for you.

Good Luck,

Cheryl
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