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Microcap & Penny Stocks : GLOW - Global Games, Inc. - Great Profit Potential ! -- Ignore unavailable to you. Want to Upgrade?

To: steven l who wrote (4382)	7/9/1998 3:02:00 PM
From: Freddie Forte	Read Replies (1) \| Respond to of 8879

Steve...I agree and disagree on a couple points. If Glow follows through on the Sports Book and this deal is finalized, Glow will gain instant credibility and recognition. Gamblers not only will gamble with the sports book, but, may take a shot with Glow. A double whammy. I disagree on applying a PE of 10, or any number for that matters, to a bulletin board stock that hasn't generated any substantial revenues yet and is still non-reporting. Applying any ratio is arbitrary at best at this point. Until financials are submitted and an EPS is established, and the company submits quarterly returns over a period of time can we begin to estimate the worth of Glow. Until the company becomes reporting, the price is actually predicated by pure speculation. However, even worse case as you've presented, a stock earning .06 cents trading at .28 cents is a steal. But, since the EPS is unknown at this point we can't validate the "steal" quite yet. But this is the allure that makes us speculate.