Hi George,
well since you asked me,
LOL,
i'll get up on my soapbox,
didn't think i would do this
now,
but,
i think of all industries,
who are 'biddness' men,
who can take this internet stuff,
to the next level,
who can really churn and burn,
and rake and scrape profitability,
from this stuff,
of all people,
it's the banker dudes,
i have no idea how to value a friggin bank,
i do think that the old school,
is afraid,
or they just don't see it yet,
or they haven't figured,
that they don't need all those branches,
yeah,
the lines are long,
and the people line up out the door,
but the atm lines,
are all you need 95 percent of the time,
it's all you need,
hook the dude up to the cirrus,
and the dudes are there,
so to answer your question about
valuation,
i have no idea,
i just think this is going to
gain a lot more market share than
people think,
long term,
this is going to be really good,
there will be some key winners,
and the first one's will fight it out,
the run on NetB@nk was a wake up call,
it was a wake up and take notice,
wake up call,
sorry for my banter.... |
