SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  For example, here is how to disable FireFox ad content blocking while on Silicon Investor.
Strategies & Market Trends : Voting Machine Companies

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: levy who started this subject2/4/2001 8:47:48 PM
From: Jay Arkay  Read Replies (2) of 69
 
Tomorrow's the day--Global starts trading on AMEX under the symbol GLE. In trading on the TSE (where it will continue to trade under the symbol GSM), the shares have shot up from C$2.20 to C$3.90 over the past two weeks. C$3.90 is just US$2.60 per share in American currency. There is rumored to be a take-over offer in the works for US$5 per share, and some of us long-time followers of Global think that the bidding could go much higher before the game is over. Global is the ONLY publicly traded company that is fully devoted to the election equipment (hardware and software) industry, and it has been a pioneer in that industry. Sales of voting equipment are about to explode in the aftermath of the US election fiasco and with the aid of hundreds of millions of dollars of US federal grants to county electoral authorities who need to modernize (Global's sales in each of the last three years were just around $20 million each, a figure that could be multiplied 3, 4, 5 or more times over the next few years; incremental sales are highly profitable, and Global has been profitable even at its recent sales levels.) Keep an eye on GLE trading tomorrow and in the weeks ahead.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext