Thanks Dave. I did a quick check and it looks like the price has already gone up in anticipation of the spot on the show. Now the question is, will it go even higher or has the "easy money" already been made?
Galaxy Enterprises CEO and President Responds to Recent Activity with GLXY Stock
OREM, Utah--(BUSINESS WIRE)--Dec. 9, 1998--Galaxy Enterprises' (OTC BB:GLXY) CEO and president, John J. Poelman, spoke Wednesday about the recent activity with the company's stock.
Said Poelman, "About two weeks ago we issued a press release announcing our upcoming appearance on the World Business Review program. Even we were a little surprised by the reaction to our stock, but investors reacted very positively to that news, and we have seen an increase in both the volume and price of the stock since that date."
Poelman continued, "The show has not even aired yet, but will introduce Galaxy to a lot of new people beginning this Sunday, Dec. 13, 1998 at 3 p.m. EST on CNBC. The show will continue to run through the remainder of December and into January and February of 1999. We are excited about the appearance, and anticipate that the exposure and recognition brought to Galaxy as the show airs in new and different markets will have a positive, long-lasting effect."
The World Business Review, in which Galaxy is featured, will reach more than 70 million potential TV households in the U.S., and over 100 million internationally. The program will also be featured on United Airlines international flights throughout the entire month of March reaching an additional 800,000+ viewers.
The World Business Review is hosted by Casper Weinberger, former Secretary of Defense under the Reagan administration, and current chairman of Forbes magazine. Weinberger has also served as a director of Pepsico, Inc. (NYSE:PEP), Quaker Oats Co. (NYSE:OAT), and the Bechtel Group.
The show, which is well respected in both the worlds of business and finance, examines leading-edge technologies and innovative business solutions. It features various business products and companies which can provide insights into the challenges and opportunities businesses face.
The World Business Review selected Poelman to appear on the show to discuss Internet Commerce. Poelman highlights and talks about the Galaxy Mall (http://www.galaxymall.com), an electronic mall owned and operated by Galaxy Enterprises, and its roll as an Internet commerce industry leader. Also appearing on the show is Vinton Cerf, Internet pioneer, and current senior vice president for Data Architecture, Engineering Division, of MCI Communications (Nasdaq:WCOM).
For more information about Galaxy Enterprises, please contact Daren Baird at 801/227-0004 or send an e-mail to daren@galaxymall.com.
CONTACT:
Galaxy Enterprises
Daren Baird, 801/227-0004
KEYWORD: UTAH
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