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Home > Company Index > Leisure > Miscellaneous Entertainment > Global Technologies, Ltd.

Global Technologies, Ltd.
Nasdaq: GTLL
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 NEWS FROM THE STANDARD
Tech Stocks Drag Nasdaq to More Than 2-Year Low
Mar 12 2001 11:10 AM PST

 PROFILE
Global Technologies is getting down to Earth with investments in high tech. Formerly Interactive Flight Technologies, the company grounded its in-flight entertainment system for airliners following the 1998 crash of a Swissair flight that had the system installed. (No determination of the crash's cause has been made, but lawsuits abound.) Global Technology now has investments in broadband communication and entertainment startup The Network Connection (about 80%-owned), as well as cellular technology developer U.S. Wireless (14%). GlobalTech Holdings, a UK subsidiary, has developed a digital network for lottery and gaming activities. Chairman Irwin Gross owns 28% of the company.

 COMPETITION
LodgeNet Entertainment Corporation (LNET)
On Command Corporation (ONCO)
Sun Microsystems, Inc. (SUNW)

 STOCK ANALYSIS
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FURTHER ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: June
2000 Sales (mil.): 7.40
1-Yr. Sales Growth: 362.5%
Employees: 77
Revenue per employee: $96,103.90

 KEY PEOPLE
• Irwin L. Gross
    CEO
• Patrick J. Fodale
    CFO

 CONTACT INFO
1811 Chestnut St.
Philadelphia, PA 19103
US
Phone: 215-972-8191
Fax: 215-972-8183
Online: Web Site

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