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


To: Bexar who wrote (5544)7/31/1998 10:55:00 AM
From: Gennaro  Read Replies (4) | Respond to of 8879
 
Ok If nobody will do it, I will. Called him again to clarify a couple of things. First as stated earlier, phone lines should be hooked up by Tuesday, hence the date August 5th for opening. He expects to be on line fully functional by the 10th. Revenues are expected during the month of August. He has been told that other gaming operations in the states will be directing their business to Gary because of legal hassles in the US. Sport gaming sounds big, and very profitable. They are looking into other international agreements. Software is very cheap, and its easy to print bingo cards. Sounds like the potential here is awesome. Anyway JMO. He doesn't understand why AOL did not pick up release but will call them, (supposedly Reuters picked if up this morning). As far as the drop in price goes, he says there is a shorter from Denver. WHo knows???

Good Luck ALL

Gennaro



To: Bexar who wrote (5544)7/31/1998 11:01:00 AM
From: sneakypete  Read Replies (2) | Respond to of 8879
 
I hope your right! but there is still one thing I don't understand? Let's take worse case senario that the USA bans internet gambeling, this means that a person living IN the US can not gamble over the internet PERIOD! It doesn't matter if the internet gambeling company is in the Dominican Republic or the moon. This is what the bill they are trying to pass reads? so if this were the situation even though GLOW is not a gambeling company, they provide the software to these companies but in return they get a percentage of the take. If you take out the revenue from the USA don't tell me this won't hurt GLOW's revenue, but if the bill reads differently then I understand why people are saying that this won't hurt GLOW. Which is correct?

Jim



To: Bexar who wrote (5544)7/31/1998 11:06:00 AM
From: Freddie Forte  Respond to of 8879
 
Bexar....Yes. Volume did pick up. I didn't understand your point here? Real-time tells a different story. What motivation or "reward" does a MM get from as you've stated, "shaking the tree"? If he's holding inventory, wouldn't he jack the price up a dime and clean up. Too many people blame MM's for a stock's woes. Conversely, if a MM is out of inventory does he automatically drop the price to pick up cheap shares so he can ultimately sell them to you at an inflated higher price? Maybe, yes. Don't forget, he has to compete with 10 other MM's for the trade. They make their profit from "the spread". If their bid/ask is out of whack, they'll never make a trade. All I'm saying is be careful, read the charts, and take everything management says, be it any company, with a grain of salt. Until we have a quarterly report in our grubby paws, I consider all projections just speculation and nothing more.