Zombie-themed game maker Glu Mobile (GLUU), whose shares already are up 42% YTD, +4% premarket...

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BarryWrites Comments (3)
 
GLUU is destined to grow but keep an eye on its competitor Majesco Entertainment . It's ticker is:cool. Because GLUU is an early arrival in mobile gaming it's market cap is already $275 million, over four times its annual revenue. GLUU's annual revenue is only $66 million. Majesco Entertainment (cool) is a $147 million dollar company with zero debt, 36% revenue growth, market cap of only $87 million (a little over half its annual revenue). For over 20 years it has successfully marketed video games through an extensive retail network including Target, Best Buy, WalMart, Amazon and Costco. Why then is GLUU trading twice as higher? Because GLUU is on target in an emerging market.

I'm holding GLUU and COOL because both companies are in the right place at the right time. Either could become a solid acquisition to internet media and software companies who are struggling, such as SONY, NOKIA and Research in Motion to name a few.

If IBM's example of acquiring strageically positioned companies to support its market dominance is an example of intelligent growth, struggling Internet media companies will keep eyes fixed on these two company as prospects for intelligent acquisition or partnership.
14 Apr 2012, 03:11 PM Reply Like