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Non-Tech : Global Games Corporation is on the move (GLOW) -- Ignore unavailable to you. Want to Upgrade?


To: Double Dipper who wrote (359)3/21/1998 8:04:00 PM
From: Brad  Read Replies (1) | Respond to of 720
 
Hi Kevin! Gary Borglund made it clear to me that GLOW does NOT do any gaming in the USA. What they offer is strictly OUTSIDE the country and they expect it to remain that way.

The main focus sounds to me like it is in ECS (electronic credit card processing and pre-paid phone cards), Internet Gaming (outside the US), and management services. These areas seem to be highly profitable with very low overhead.

With a reduction in Total Shares Outstanding (as they have indicated they are trying to do), I think the EPS projection for 1998 could certainly be attainable.

Time will tell.

Just my opinions, of course.

Best wishes,
Brad