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

To: Wayne J. who wrote (6855)9/3/1998 9:15:00 AM
From: Michael Graham  Read Replies (2) | Respond to of 8879
 
I just want to remind everyone that the 1997 financials are not (as far as I understand) going to be all that great. No real revenue means no real earnings. The 1st quarter numbers are also not going to be great (as far as I understand) since, once again, there was no significant revenues for the period. The 2nd quarter numbers (July 1 through September 30) may be interesting because of the income derived from the sports betting.

However, the main benefit IMO from these audited financials is not the content, but the credibility associated with being fully reporting.

Just my opinion of course.

Mike



To: Wayne J. who wrote (6855)9/3/1998 11:31:00 AM
From: BigTed  Respond to of 8879
 
Wayne,

I think the company opens itself up to bashing by putting out press releases that unreasonably raise expectations. I don't think anyone could argue that this company has missed virtually all of its target completion dates for every deal announced in the last several months.

I don't know how that affects your comfort level, but it certainly causes me stress, and judging by the price of the stock, causes other people stress also.

Ted - Still long and hoping



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