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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 (4580)	7/22/1998 9:22:00 AM
From: steven l	Read Replies (1) \| Respond to of 8879

Estimated earnings Let's guess at some earnings for the sports book / casino ------------------------------------------------------------- LETS ASSUME SOME GOOD NUMBERS A previous post showed that a competing internet gambling site had 1000 members after four months of operation. Let's assume Glow does twice as well the first four months:2000 members. Let's also assume 100% growth each 4 month period. After 1 year: 18,000 members (2K+4K+12K) An earlier post by me showed data that the average US gamer leaves $125 on the table each year ( international gamers slightly less, but let's assume all US gamers) This yields 18,000 X $125 = $2,250,000 Let's say that GLOW gets a 70% cut $1,600,000 Let's finally assume some future numbers: Say that the membership maximizes at 200,000 This yields 200,000 X $125 = $25,000,000 With the 70% cut this yields $17,500,000 With around 30M shares this yields Year One .05 EPS Future Years .58 EPS --------------------------------------------------------------------- NOW SOME MORE REALISTIC NUMBERS A previous post showed that a competing internet gambling site had 1000 members after four months of operation. Let's assume Glow does as well the first four months:1000 members. Let's also assume 100% growth each 4 month period. After 1 year: 9,000 members (1K+2K+6K) An earlier post by me showed data that the average US gamer leaves $125 on the table each year ( international gamers 25% less, so let's say $110) This yields 9,000 X $110 = $1,000,000 However half of the members are not joining until the last 4 months, so lets cuts the number another 30% = $700,000 Let's say that GLOW gets a 70% cut $490,000 Let's assume costs(salaries, etc) consume 25% of that 368,000 Let's finally assume some future numbers: Say that the membership maximizes at 200,000 This yields 200,000 X $110 = $22,000,000 With the 70% cut this yields $15,400,000 Let's assume on this costs only consume 10% $13,800,000 With around 30M shares this yields Year One .01 EPS Future Years .46 EPS --------------------------------------- Any Comments. How about my guess at 200,000 members, is that sound high or low