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Non-Tech : USAB (http://www.usabancshares.com) v.s. NTBK

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To: usab_long who wrote (36)10/13/1999 8:19:00 PM
From: usab_long  Read Replies (1) of 49
 
Future of USAB ....

Reposted from:
messages.yahoo.com

<<<Stocborrower beware
by: pagman621
16766 of 16767
If you are shorting this stock because the resistance has been set and the
stock is on the way up on any news that is semi positive. I look for the bank
to make at least five company releases by the close of 8 business days.
Stock went down 16.5 to 6.5 but why
1. suit over name usab came out of this one looking fair. It could have
drawn it out with a suit but did not and this will help the bottom line
because of less litigation charges.
2. overall market has been bad for a few months
other stocks in industry and market in general well off highs.
3. Quiet period hurt the stock the most. sec would not let company fight.
They are the biggest reason for the lower stock value. Plus they in essence
set the price of spo and the companys decision to offer fewer shares.
Company already has filed for additional shares in the future and believe me
they will drive the stock up before the next offering.
4.Ask yourself is the company any worse then they were two months ago
except for shareholder value. No
They have done more deals and the numbers will surface soon about the
amount of new accounts. That alone will drive price alot higher.
5. Company announced various deals
emachines 600k
gq 600k cds
new website and flash coming and improving current site soon
earthlink deal 3 mil
sprint/mci worldcom they have the connections through earthline. a graet
oppurtunity
etc etc etc
>>>
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