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Microcap & Penny Stocks : GLOW - Global Games, Inc. - Great Profit Potential !
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To: Patrick Lauder who wrote (250)5/1/1998 9:06:00 AM
From: Ken Sammut  Read Replies (2) of 8879
 
With yesterday's volume we have now traded 2/3 of the actively traded float (about 30M) in the last seven trading days. If we continue to see increasing volume, we may have the upward spike that I know we would prefer not to have.

More and more people are learning about GLOW each day. Brad and Cheryl's DD has painted a very pretty picture that a lot of people are willing to take a chance on.

I know the company sincerely believes that it can reach the 50 cents per share earnings they have forecasted. Even if they do not reach 50 cents but are profitable, the share price will rise.

Here is EPS chart with a PE of 15 and a PE of 20

Earnings of 10 cents @15=$1.50 @20=$2.00
Earnings of 20 cents @15=$3.00 @20=$4.00
Earnings of 30 cents @15=$4.50 @20=$6.00
Earnings of 40 cents @15=$6.00 @20=$8.00
Earnings of 50 cents @15=$7.50 @20=$10.00

As each new release confirms a new revenue stream and we see the audit, we are bound to have more interest (new money) in the stock, people locking in some profits, and possibly a lot of volatility.

If you believe in the company long term, get in now but as with all penny stocks, invest only what you can afford to lose.

Ken S.
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