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Technology Stocks : Globalnet GLBND (Formerly MFSI)

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To: Buendia who wrote (164)7/12/1999 6:34:00 PM
From: Chris Helton  Read Replies (2) of 202
 
Strange that the market didn't react better to the announcement about broker trading in Canada. The Canadian broker that is JVing with GLBND was just bought by a large bank and so has plenty of resources to pursue on-line trading. GLBND will now begin the march upward with trading revenues. This is a unique revenue source for internet portal sites today and will sustain GLBND when ad revenues come under pressure (for almost every portal site) at the end of this year.
Maybe it's sell on news, buy on rumor. GLBND is building a business brick by brick and it looks more solid every day. good luck.
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