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


To: Chris Kozaczka who wrote (8722)3/18/1999 12:33:00 AM
From: DARPA  Read Replies (1) | Respond to of 8879
 
GLOW watch/recommendation from The Internet & Casino Stock Report
March 18, 1999

Interactive Gaming and Communications (SBET): This stock is by far the most
undervalued gem in the sector. The company runs two online casinos and a
sports book; it writes, produces and sells casino software (competes directly
with SNMM), and hosts a very popular gambling information website. The Java
enhanced web pages are world-class.€. I suggest that readers check out the
company's four websites listed below. Let me make a few persuasive points:
First, this company earned a profit of 10 cents for the quarter ending in
January. Secondly, the float is just 4.2 million (about half of GGNC and one-
third SNMM). Thirdly, most of today's trades in this stock happened during the
last hour with the last buyer purchasing 6000 shares. The stock is finally
getting some recognition. SBET trades at 58 cents with a market cap of 8.8
million (roughly 3% of SNMM's 300 million). Support lies in the 0.50- 0.55
range. We expect the all-time high of $2 3/8 to be challenged very soon. Today
we purchased shares at 5/8.

www.sbet.com
www.intersphere.com
www.gamblenet.com
www.playforfun.com

Finally, a list of other potential gaming plays: Playstar Wyoming Holdings
(PSCKF), Venture Tech (VTEH), First Entertainment (FTET), Inland Entertainment
(INLD), Winners Internet (WINR), Betting Inc (BETT), Global Games (GLOW)




To: Chris Kozaczka who wrote (8722)3/18/1999 12:00:00 PM
From: ED S.  Read Replies (1) | Respond to of 8879
 
Here is the OFFICIAL NEWS from the PR! GLOW is moving forward!
Global Games Signs Letter of Intent On Its Sports Book Software
MINNEAPOLIS (March 16) BUSINESS WIRE -March 16, 1999--(OTC BB: GLOW -
news) Global Games has signed a letter of intent to license its gaming
software to First Entertainment, Inc. (OTC BB: FTET - news) with a
definitive license agreement to be completed by April l. Under terms of
the letter of intent, Global will license its sports book and other
gaming software to First Entertainment. The arrangement includes a
percentage of the net gaming revenue to be paid to Global Games for its
software.
We are pleased about establishing a working relationship with FTET,"
noted Gary Borglund, CEO of Global Games. "We are intent on broadening
our client base. This is the first of several new licenses we want to
arrange. First Entertainment has a sound marketing plan that should
result in a significant presence. We have reached an accord with respect
to the basic terms of the license, so a definitive agreement is expected
very quickly."

In other news, Global Games and the State of Minnesota have been in
settlement discussions to obtain relief from a cease and desist order so
the Company may complete transactions with significant note holders of
the Company. The final Hearing has been postponed to April 8, 1999. We
hope to make an announcement concerning settlement with the note holders
within a few days, but we must have the agreement formally signed with
the State of Minnesota to do so," stated Borglund.

This press release contains forward-looking statements with respect to
the results of operations and business of the Company that involve risks
and uncertainties. The Company's actual future results could be
materially different from those discussed. Risks and uncertainties of
the Company will be detailed from time to time in the Company's periodic
reports to be filed with the Securities and Exchange Commission.

------------------------------------------------------------------------

jc/ms*

CONTACT: Gary Borglund or Allysa Amundson
Global Games Corporation

Phone: 612-672-0834
borglund@globalgames.com

allysaa@globalgames.com
www.globalgames.com

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