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Technology Stocks : Globalnet GLBND (Formerly MFSI)

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To: Buendia who wrote (164)7/13/1999 8:41:00 AM
From: BeachDude  Read Replies (1) of 202
 
FreeServe is the largest ISP in the UK, and has a leadership role in the rest of the EC. Although FreeServe is actually more similar to a portal than an ISP, its prospects are bright, and the shares should trade well in London. GLBN will go along for the ride with FreeServe in Euroland, which will bode well for GLBN shares. I believe (Note: I said "believe", not "know") that once FreeServe is public, has autonomy from Dixons, and has its own currency, it may well decide to increase its investment in GLBN, perhaps substantially. GLBN's revenue model is working, and will be evident certainly by 4Q99. NASDAQ NMS listing will be the springboard to a much higher share price. Relax.......enjoy the ride, but remember: Nothing does straight up.
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