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Microcap & Penny Stocks : GLOW - Global Games, Inc. - Great Profit Potential !
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To: MiriamsSon who wrote (1035)5/9/1998 5:54:00 PM
From: Shaquapa  Read Replies (1) of 8879
 
Still too early to make any informed decisions on GLOW, just started following a few days ago. That being said... I like the ECN part of the business. I also like the EPS estimates. (great e/p ratio) I still don't think Internet gaming is going to be as profitable as anyone thinks it is. But may be OK short term. I've spent too much time with gaming users. The ones that would be more inclined to gamble over the net, don't have the technical expertise. And those that do I think will find Internet gaming boring in my never to be humble opinion. Also, I believe people will be leery to game any substantial amount of money with companies/people they don't know.

Still, I bought a few thousand shares because it looked interesting enough for more DD.

OFF TOPIC:

Glad to see you're looking at GMTC. It amazes me that there is so much interest in gaming companies that still aren't making a profit. GMTC has made increasing profits for almost 4 years. Yet, the price has tanked to below Book Value. In fact, the price is just a bit higher than the CASH IN THE BANK ($30Million). The volume is almost always under 20K. Can't seem to generate any interest or excitement. They sure have a good story, but don't know HOW to tell it.

I follow quite a few other gaming stocks as well (all the class II plus a few class III). What other ones pique your interest?
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