Interesting stock: Consolidated Data announced that it intends to market its newly acquired online banking software, YourBank Online.com, to more than 18,000 credit unions and approximately 6500 small banks. YourBank Online.com is an internet related company that provides E-commerce solutions to the financial industry using a Microsoft N.T. Platform. With stock prices jumping 125% in a quarter and growth rates of 70%, the "virtual banking" sector as evidenced by Telebanc Financial (TBFC) trading at $97, NetBank (NTBK) trading at $97 and Security First Technologies Corp (SONE) trading at $89, is positioned for continued success.
CSDD is trading at $13.50, up 5 pts. on Friday, April 9th.
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Does this stock have potential?? Comments and opinions??
Paris |