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Technology Stocks : Globalnet GLBND (Formerly MFSI)

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To: Chris Helton who wrote (165)7/13/1999 5:29:00 AM
From: Charles Broderick  Read Replies (1) of 202
 
Some friends here made a packet from the recent rumour
of the GLBN split, and some lost out on the opportunity
to short " with certainty", and we now languish with our
uncertain shareholdings, purchased at between $18 and $24.
One friend here recently argued the theory that GLBN was
nothing more then a "front" for CNBC's beachead onto the
market for financial news and trading in Europe, followed
by other global markets.
Yesterday's announcement of yet another building block in
Canada, added to UK, Italy, then Germany, Spain, France and
(inexorably) so on, confirms the theory that the entire
business plan of GLBN is the development of a global news and
trading system!!!!
If Media moguls have decided that the future demands that "trading"
must be as much a part of their business mission as "media" is
already, then it is logical to assume that someone as large
and strategically oriented as CNBC would be the prime mover,
in the plans now unfolding with CNBC.

BUT,RECENT EMAILS FROM MY BROKER SOURCES IN THE UK SUGGEST
THE POSSIBILITY THAT WE ARE ALL MISSING SOMETHING HERE????

The IrishQuestionMaster!!!
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