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Technology Stocks : SFNB, Security First Net. Bank

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To: Oeconomicus who wrote (267)11/6/1997 12:41:00 PM
From: Box-By-The-Riviera™  Read Replies (1) of 507
 
It is interesting, I agree....

But I am still wary.... in that they never project a number for data center revenues going forward...... even a conservative one.... let alone license sales.... they have yet to publicly show the quality of their 60 plus, or whatever it is, banking relationships....only the quantity.... which in itself is rather meaningless from an investment standpoint.... IMO....there is no basis yet to show they have executed a well thought out plan....

Hence.... unlike yahoo for example, there can be no solid expectations about the future to warrant recent share prices......let alone the new issue re: dilution.... as well as the on going burn rate...

Ideas are great..... but profit/loss reality is the investment bottom line....

Anyway.... it's still an ongoing story.

take care

Joel
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