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Technology Stocks : SFNB, Security First Net. Bank

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To: Box-By-The-Riviera™ who wrote (272)11/7/1997 8:58:00 AM
From: Oeconomicus  Read Replies (2) of 507
 
Joel, ever the critic, eh? Seriously, I agree they have a long way to go to prove themselves. However, the fact that banks are rarely in any hurry to employ any new technology or ideas should justify a little patience. Very very few of the 56 banks they have signed are live online now, but that is changing quickly (30 days for two very biggies, 60 days for a bunch more). I too would like to know more about how the data center revenue works (I think it has been discussed somewhere-the annual meeting last April, an analyst report, I forget), but I think we will know more by the first qtr.

Would I suggest that my retired dad buy this stock? No. Would I suggest selling now? Only if one was silly (I'm being polite) enough to buy after the IPO at 41 like that genious ya'll used to love to hear from here, or if one needs some tax losses to offset gains if any remain after the market tanks some more today.

BTW, I know you don't think much of Chip (or maybe Stockwell). Without the bank (both their backgrounds), want to start a pool on when either will be toast?

Bob

PS: I'm an ACC hoops fan, so I know why I don't like Kentucky. What's your reason?
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