SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Globalnet GLBND (Formerly MFSI) -- Ignore unavailable to you. Want to Upgrade?


To: Buendia who wrote (164)7/12/1999 6:34:00 PM
From: Chris Helton  Read Replies (2) | Respond to 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.



To: Buendia who wrote (164)7/13/1999 8:41:00 AM
From: BeachDude  Read Replies (1) | Respond to 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.