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


To: TraderGreg who wrote (498)3/30/1998 4:49:00 PM
From: John Sahakian  Read Replies (1) | Respond to of 720
 
I spoke to Gary today. Very nice guy and as forthcoming as possible with information. True pleasure to talk to, especially when compared to other corporate heads I have dealt with. Exciting stuff, he said the audited financials are done and the press release is ready to go. Just waiting for the attorney's approval. While of course he cannot tell me the contents of the press release, he said the company is sticking firm with its projection. We have to remember it was projection, but I opened the door to lower expectations and he held firm. So it should be very interesting. I assume we will see the release this week. As I mentioned before, ECS and Wolfkey are the main revenue producers, and the Toronto global village is up, running, and making money. He said in the next six months we will see an expansion into a few other cities, and in the next 12 months a conservative estimate of expansion would be about 4 more cities. It seems as if they are doing or trying to do a lot of corporate recruiting for their sites and services. As I said before, if we even get 1/2 of the EPS of 50› this one should fly.

Good Luck,

John

P.S. Montechristo is right. Considering the sudden influx of these negative posters, I believe we're onto something good here.