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Technology Stocks : Globalnet GLBND (Formerly MFSI)

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To: Chris Helton who wrote (78)6/14/1999 9:56:00 AM
From: BeachDude  Read Replies (1) of 202
 
I assume you've read the comments re GLBN coming from Allen Gaines. Gaines was formerly founder and ran Gaines, Berland, a mid sized brokerage firm in NY. He has been a VERY successful internet investor, and has bought 2 million GLBN shares. This guy is plugged in, is close with management, and is very smart. He also has a few private internet companies which I guess will go public sometime in the future. He believes more strategic alliances, similar to TSCN, FreeServe, and the Italian consortium will materialize. He also thinks a deal with FreeServe re e-brokerage and ECN trading will push to stock to $20 bucks. Sounds right to me.
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