TheSUBWAY.com Stock Watch List Highlights Growth in Global Business Services and Concerns Over Market Conditions
Global Business Services Inc.'s (OTC BB: GBNS) subsidiary, Postal Connections of America (PCA), experienced a 39.3% increase in royalty collections from franchise units in the first seven months of 2004 compared to the same period in 2003. The company's franchiser receives a combination of fixed monthly fees and 4% of gross sales in royalties from franchise stores. Meanwhile, concerns over rising U.S. interest rates, inflation, and terrorism weigh on investor worries, with historically low statistics favoring those long on equities.
Key Takeaways:
- Global Business Services Inc.'s (OTC BB: GBNS) subsidiary, Postal Connections of America (PCA), reported a 39.3% increase in royalty collections from franchise units in the first seven months of 2004 over the same period in 2003.
- The company's franchiser receives a combination of fixed monthly fees and 4% of gross sales in royalties from franchise stores.
- Concerns over rising U.S. interest rates, inflation, and terrorism weigh on investor worries.
- Historically speaking, the statistics favor those long on equities, with a higher chance of positive numbers in the second year following a market rebound of 15% or more in the first year.
- TheSUBWAY.com highlights stocks that are in the news, have traded high volume, or experienced a large change in price in recent sessions.
Statistics:
- 39.3%: Increase in royalty collections from franchise units in the first seven months of 2004 compared to the same period in 2003.
- 4%: Royalty rate received by the company's franchiser from gross sales.
- 15%: Market rebound required for historically positive numbers in the second year.
- 8 million shares: Estimated number of shares traded by EMC Corporation (NYSE: EMC).
- 6 million shares: Estimated number of shares traded by eBay Inc. (NASDAQ: EBAY).
- 3 million shares: Estimated number of shares traded by SINA Corporation (NASDAQ: SINA).
- $20,000: Number of shares TheSUBWAY received from a third party to sell.
- 0 shares: Number of shares sold by TheSUBWAY to date.
Sources:
- TheSUBWAY.com
- Market Wire (via COMTEX)
- COMTEX
- TheSUBWAY.com's Daily Stock Updates
- Global Business Services Inc. (OTC BB: GBNS)