SE Global - SEGB (fka SEGB)

[marcos]

Fourteen per cent per month growth -
http://biz.yahoo.com/prnews/011212/va106_1.html

In the 3Q01s there were reported revenues of 197kUS, for the months of August and September [following the addition of GAI to segb's books as of 01 August] .... so total Aug-Nov inclusive is now 506kUS, that means October and November together were 309kUS ... a decent trend, eh ... i especially like this sentence - 'The company also reports that for the month of November, 75% of transactions originated from non-U.S. accounts.' ... it appears to mean that the growth is organic, coming from pre-GAI broker alliances, and not bought growth that came along with the GAI acquisition

If that is the case, and if it continues, it will be sign of vindication of TC's vision of the alliances being mutually and reciprocally symbiotic ..... also vindication of his overall philosophy - that of stimulating alliances through two-way you scratch my back and i'll scratch yours motivation - and of his practise of attracting quality people to the project ... and of his assessment of market potential ... well i don't think anybody ever doubted that demand would appear once efficient overseas trading was made possible

Yet nobody is watching this thing .... it didn't trade today, lol