5/3/99 - Freerealtime.com (OTC Bulletin Board: FRTI) $9 1/8
Freerealtime.com is a rapidly growing company that provides a service that I use every day, free real time quotes. Freerealtime.com also provides real time news, research, charts, and message boards. According to Freerealtime.com president and chief executive officer Brad Gunn, Freerealtime.com is also "in the process of evaluating several opportunities that will allow Freerealtime to provide on-line brokerage services to its customer base." According to 100Hot.com, they are already ranked #15 of all financial sites. On Tuesday, April 27, Freerealtime.com was featured on "PowerLunch 'cool' Web Site of the Day." The March 23 issue of PC Magazine announced that Freerealtime.com was the best real-time provider of stock quotes. I like to invest in companies that provide a service I use myself. I visit Freerealtime.com every day. I really like the potential of the online brokerage. Freerealtime.com is rapidly building a base of users who all serve as potential customers for Freerealtime's planned online brokerage. It makes sense. Best yet, Freerealtime.com seems to trade at a very reasonable price compared to others in the industry.
Freerealtime.com has 6.7 million shares outstanding and a 1.5 million share float. That gives FRTI a market cap of $61.13 million. The potential here looks staggering. If and when Freerealtime.com makes the announcement to officially launch their online brokerage, this stock may at least re-visit its recent high of $20. I think it may even have the potential to go much higher. I feel very confident investing in companies that I truly believe in and use, like Freerealtime.com. Revenues are primarily ad driven, as Freerealtime.com is just that, a free service. However, this is where the story gets even more exciting. On March 24, Freerealtime.com announced that it signed a contract with ADSmart (a majority-owned subsidiary of CMGI, Inc (Nasdaq: CMGI), a leading Internet advertising network representing 175 web brands and receiving 1.2 billion impressions per month. I love the CMGI exposure. CMGI represents what I believe is the single greatest way to represent the Internet in one's portfolio. CMGI has created a powerful Internet network that continues to help new Internet start ups grow and prosper. I hope that Freerealtime.com continues to explore further relationships with CMGI's stable of Internet companies. Maybe CMGI should consider buying Freerealtime.com, incorporate The Raging Bull, and begin that brokerage. If not CMGI, than perhaps somebody else would be interested in buying out Freerealtime.com
Let's briefly explore the potential of an online brokerage. Freerealtime.com has already identified a targeted audience and has a growing base of potential customers. Obviously E*Trade and Ameritrade have substantial leads on Freerealtime.com, but E*Trade has a market cap of $13.3 billion and Ameritrade is worth $7.75 billion. I know that this is not a fair comparison, but it demonstrates the potential that Freerealtime.com possesses. Freerealtime.com has established a powerful investors' resource, with the potential of becoming an online brokerage. I am impressed with the improvements I have seen and I think the price looks attractive at $9 1/8. I am not a licensed broker and this is not a recommendation to buy or sell any security. do your own research and see what you think. I LOVE the Internet as a medium for communication because it provides opportunities like the links in this article. I think it is awesome that readers have instant access to links in articles. There simply is no better medium for communication. Commerce either for that matter... but we'll tackle that another time. I have created this article using only information I attained through my own portal, except for the market cap information, which I discovered through a phone call. The Internet gives investors an edge over non-Internet using investors. In my opinion, Freerealtime.com = great service & tremendous potential. Brad Goldstein
internetspeculator.com
This is what those of us currently holding FRTI shares are waiting on. Once FRTI announces online brokerage services it will be off to the races in my opinion for the stock!!!
Tremendous day for DRGI!!!
Thanks, Jeff
|
