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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Tim Luke who wrote (5608)	1/6/1999 1:08:00 PM
From: musicguy	of 90042

TBFC - Telebanc Financial.... I just picked up a little... TeleBank (http://www.telebankonline.com), a leader in the nationwide delivery of high-value financial service products by Internet and telephone, crossed the threshold of $2 billion in assets, to become the first nationwide branchless bank to be ranked among the top 50 U.S. federally chartered savings banks. biz.yahoo.com Looks like good news to me. It also got a strong buy reco from Etrades Professional edge guys..... their synopsis: We are looking for a very positive performance from TeleB@nc in the upcoming earnings announcement scheduled for February 3, 1999. We believe that the company will report strong numbers in all the key metrics company-deposit & account growth, total interest income, net interest margins, and EPS. In 1Q99, the excitement should continue based on further progress in deposit growth, a new and improved Web site, as well as further information on the Yahoo strategic partnership We reiterate our Strong Buy rating on the largest national Internet bank and believe that investors should hold these shares in their portfolio for 1999. If news gets out that this has something to do with the Internet, it may be worth holding onto for a bit.... MG

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