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Technology Stocks : SFNB, Security First Net. Bank

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To: King David who wrote (186)7/15/1997 3:21:00 AM
From: Box-By-The-Riviera™   of 507
 
You're right......could be an elvis thing.....

Hey....a good rant re: hartley isn't such a bad thing.

Re: avg install..... it's been my impression that each install has it's own problems..... which is to say, each bank may have a different legacy system...and therefore there is yet no uniform way to hook their front end onto their customer's back end.... something I think they should have anticipated better....but didn't. I sent them an email a while ago asking if IBM's new middleware might provide a solution to this problem....but as usual received no answer....

The international business was quite interesting....but I have to imagine it leads to additional special problems..... hope they are charging an additional per diem to their fees.... an install out of the country can be very costly....just on overhead. NOt to mention issues of service that go along with it. They have never really outlined how their employee pool is structured....which of course makes it hard to guage how thin they may or may not be stretched as the cash on hand dwindles. etc etc etc etc etc

I probably won't hear the next telephone conference......but I hope their CFO and CEO finally stop their good ole kentucky boy way of addressing the issues......and start acting like serious leaders of a public company..... I can respect their business issues.....in a way normal for a start up.....but their somewhat cavalier and in my opinion unprofessional approach to the qtr reporting is not tolerable... I think they still believe this is a private company more than a public one..... that's a serious error in my view.

To change the subject a little..... what else are you interested in besides sfnb? just curious.

Joel
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