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Technology Stocks : Globalnet GLBND (Formerly MFSI) -- Ignore unavailable to you. Want to Upgrade?


To: BeachDude who wrote (48)5/21/1999 2:48:00 AM
From: KENNETH DOAN  Read Replies (3) | Respond to of 202
 
Hello all, I am a newbie to GLBN, base on what I am reading. I know Paul Ellen Owns TSCN, but TSCN only invest 9.9% of GLBN. And I need some information on this stock:

Total Shares outstanding 52.5m
share in float 42.0m
Share insiders holding 10.5m
so 9.9% of 10.5m 1.0m

So does this mean that TSCN made approximately $4m investment?
Is this the same Paul Ellen that just filed to sell 1.7m shares of MSFT?

Please don't get me wrong. I am not bashing nor hyping GLBN. I really like GLBN, but I need more information to make a sound Investment. I have been killed by penny stocks too many time. I have been doing good with the big cap, and have some cash to invest for a long term.

Sincerely, and good luck to everyone.