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Microcap & Penny Stocks : GLBM expected to earn $.25 next year - A buy at $1.25

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To: Neurogenesis who wrote (750)11/5/1998 6:24:00 PM
From: Dan Turner  Read Replies (1) of 938
 
From a second-hand report (I've mentioned I did not attend the meeting): they will probably NOT meet their initial revenue projections for this year, and in fact the next quarterly report (for the third quarter) will be less than what they did in the second quarter. Their earlier projections for big profits happening in the second half of this year look to be wrong -- on timing. The big revenue and profit growth now looks to be coming next year.

My source pretty much confirmed everything else you mentioned.

FWIW.

-DT
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