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Technology Stocks : Globalnet GLBND (Formerly MFSI)

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To: Ron Pratt who wrote (90)6/16/1999 11:02:00 AM
From: BeachDude  Read Replies (2) of 202
 
I pray that GLBN reverses the stock- time is money. Countless other net stocks have moved to NASDAQ via a reverse split, and rocketed due to expanded analyst coverage, and escaping the confines of the rules and reg surrounding OTC Bulletin Board stocks (so called "penny stock" regs). This will absolutely be the case with GLBN. Highly respectable and visible brokerage firms will initiate coverage with a NASDAQ NMS listing-trust me. You wouldn't believe the list of firms that have contacted or been contacted by the management of GLBN. There are already firms lined up to snap up any and all shares which are sold due to reverse split. Private placement participants from 1998 are all being locked up- there will be no stock in the actual float. I wouldn't want to be short this baby. The company has a series of big time announcements over the course of the next week or two, including an e-brokerage deal with mind blowing significance for GLBN. I agree with the article in which Allen Gaines was quoted re GLBN- $20 is doable within one year.
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