Glentel Inc GLNIF

RE: RE: GLN on a down trend?

[mjh9413]

Yes, that Best Buy deal is a bummer but GLN has all brands, hey even Blackberry and the new Htc. Clearly the Samsung focus will be detrimental to a point but do you see that it is coming to Canadian stores (see only 900 by May in USA from 'Apple Insider' article)?   GLN had only 1 month of the USA acquisition (28 States?) in Dec end and had a $1.1MM provision for the purchase included in the qtr. Then they only had wot? 2 months of the Aussie acquisition under their belt...hope they can put their footprint and experience there without detracting the North America focus: it must have good potential for the major Cities Down Under. At these levels the sp appears a real bargain. GLA.