SFNB, Security First Net. Bank Message Board

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Technology Stocks : SFNB, Security First Net. Bank

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To: Oeconomicus who wrote (269)	11/6/1997 5:11:00 PM
From: Box-By-The-Riviera™	of 507

Thanks RD.....your notes seemed comprehensive enough.... Once again....short of a sale of the company to HWP or someone like that.... they are in a very fast race against time, totally unable to estimate future cash flows from transaction revenues (the real bread and butter), totally dependent upon their clients to bring these systems up to speed as well as sign on customers, totally unable to talk about their licensing arrangements and fees in a substantiative way........and once again, totally unable to provide their common stock holders with any inkling as to what the heck is going on....nor, does it appear they will, nor does it appear they feel an obligation to do so..... as to spending time on the tech advantages of their solution..... had chip any brains at all, he would have had a techie in on the conference call to explain it.... I have little doubt he persists in that good ole boy kentucky bourban approach he's used during previous calls..... Thanks for posting all of the info.... sadly....I still must conclude this is a very bogus proposition...given all of the other choices one could make in this market....including cash. take care Joel

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