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Microcap & Penny Stocks : GLOW - Global Games, Inc. - Great Profit Potential !
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To: Trace who wrote (6858)9/3/1998 11:58:00 AM
From: Michael Graham  Read Replies (1) of 8879
 
Actually the stock is worth .10 right now, because that is what the last trade was for.

"You are even now saying that financial will show zero profit."

I never said that they would be anything else. I don't know that for sure. It is my opinion (as I stated) based on what I have read on this and other threads. They (GLOW) may have some rev's from management services, but that would just be a guess on my part. And even if they do have revenues, I would think that they would not be sufficient enough to generate a positive EPS.

No one (that I know about) bought GLOW for what they did in 97 anyway.

Why would anyone expect anything more for EOY 1997? This company was/is in a turn around situation. Things are just now starting to happen.

The only reason I posted my opinion on this matter is because I have seen some posts (especially on Yahoo) that say that the financials will be great and show a .20 to .50 EPS. They are either confusing the expected 98 EPS with the 97 EPS or they are hyping.

I don't like the stock price any more than anyone else.

Brad may be able to enlighten the situation as to what we can expect from GLOW's 97 EOY financials.

Hoping things get better.

Mike
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