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Non-Tech : Global Games Corporation is on the move (GLOW)
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To: CO who wrote (432)3/25/1998 5:02:00 PM
From: John Sahakian  Read Replies (2) of 720
 
New to this thread and new to SI for that matter. Hope some of the few rotten apples haven't ruined it for the rest of us. Anyway, I've been keeping up with GLOW and have a position. I called up their IR relations department. According to Allisa, there will not be a press release this week. Expect one maybe next week. Though she told me she couldn't let me know what it would be out (generally speaking), she hasn't been informed herself what it is. Audited financials should have been out by now, and they'll be done any day now. IMHO, 1-2 weeks. Said that $.50 EPS was a projection made in November based on the belief that the global village (nothing to do with the modem co.) business would be up and running in cities across the US. So far, it's only up and running in Toronto. Good news is that it is bringing in revenues. Expect next few moves to be done city by city, starting with Minneapolis and then maybe Dallas. Fine tuning the business in Toronto for now. Wolf is still the major revenue producer. As for the dating service, seems to be more of a pet project than a real focus at the moment. Gary is currently on a business trip and will be out of the office this week. IMHO if they can get even 1/4 or 1/3 of the $.50, we'll by doing quite well.

Good Luck
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