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Technology Stocks : GLMC's Internet Entertainment Distributorship -- Ignore unavailable to you. Want to Upgrade?

To: Mudlogger who wrote (89)	12/26/1999 5:09:00 PM
From: Alert-Inv.	Read Replies (2) \| Respond to of 143

From the Alert Investor newsletter of Dec. 27 We wanted to update you on our pick of two weeks ago, Global Media (GLMC,6,BB), which was up over 20% last week. The company is still developing as many as 15 new websites a week, so the rolling snowball is still at the top of the mountain and picking up speed. After speaking with management a few days ago, we feel more strongly then ever that the company has an excellent future in its-web-casting/streaming media space. Next year's earnings will come from the following revenue components: 30% advertising, 20% consulting fees, 20% broadcast streaming fees (from the large number of radio stations that are disseminated by GLMC on its websites) and 30% e-commerce revenues. The total should add up to about $12 in revenues in 2000 (meaning the stock is selling at only 10 times next year's revenues). Bringing about 10% to the bottom line, we end up with estimated EPS of 6-8c for 2000. All of the company's infrastructure is scalable, so expansion should not bring a great deal of incremental costs with it - i.e. economies of scale will start kicking in right away. We still encourage you to accumulate this stock aggressively, prior to a move past this summer's intermediate high of 8. The newsletter has received no compensation whatsoever from GLMC. subscriptions are free at www.alertinvestor.com