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


To: MMpro who wrote (5485)7/30/1998 10:37:00 PM
From: bodie  Read Replies (2) | Respond to of 8879
 
With that kind of forecasting ability I guess you didn't hit the powerball numbers. I can give you the name of a bank were you can get a guaranteed rate of return, if you like.

Glow predicts 9 million per year from this contract. If glow can land 2 similar contacts per year, then three years from now they will have revenue of about 54 million per year. Based on 50% - 70% profit margin, predicted by Cheryl OD, if you use 50% you come up with $27 million divided by 33 million shares equals about .81 EPS times PE of 13 equals 10.53. I don't think two contracts a year is unreasonable, do you?

Gennaro, I read it as GLOW getting 10% per year, which comes out to $9 million revenue per year from this contract. You still have to take all other expenses into account.