SFNB, Security First Net. Bank Message Board

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Technology Stocks : SFNB, Security First Net. Bank

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To: Louis Cornell who wrote (199)	8/7/1997 10:16:00 PM
From: Kevin A. Lynch	of 507

Fool's Article is as follows: The Evening News Aug 07, 1997 HEROES SECURITY FIRST NETWORK BANK (Nasdaq:SFNB) surged $2 1/4 to $11 1/4 after the software arm of the Internet banker licensed its Virtual Financial Manager to banking industry heavyweights CITICORP (NYSE:CCI) and BARNETT BANKS (NYSE:BBI) and specialty finance banking company SYNOVUS FINANCIAL (NYSE:SNV) . Those companies, along with others, paid $14.2 million for the licenses, 500,000 shares in the company, and for future software developments. The Virtual Financial Manager is a turnkey solution for banks wanting to hang out the shingle on the Internet. With this software featuring an HTML front-end, online check imaging, middleware solutions, and the integration of services like credit cards and bill payments, the whole thesis of INTUIT (Nasdaq:INTU) being a great acquisition for any big bank might now be completely bankrupt. The article would seem fairly endearing to me.... Regards, Kman

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