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Technology Stocks : SFNB, Security First Net. Bank
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To: Box-By-The-Riviera™ who wrote (305)2/12/1998 8:57:00 AM
From: Oeconomicus   of 507
 
Cheer leader? Not me. What's leading shareholders to a lightness of mind and feeling is some heavy buying of late. We'll see soon whether there was a good reason for it, but I will toast them, whoever they are, for putting my purchased shares back into a profitable position. Cheers!

As for the M&I Data Services news, most knew long ago that these banks were "in process" (it was in previous press releases) and that many more banks would be live by now (from press releases and last Q's conf call). The news was discussed, however, over on the Yahoo board for SFNB where many of the old names from this thread seem to have wandered (I like SI better. Plus I don't want to give YHOO too many hits; each one seems to add millions to YHOO's market value).

Joel, I think you have said that you'd like to see some evidence that S1's business model will work. Well, I think that with so many banks now live, the proof (one way or the other) of the model can't be far off. Either the numbers start to make sense and we have a viable company in a sector the market can't get enough of; or not. I'm still betting on the former.

As always, I look forward to hearing your thoughts on whatever the news is. Now, where is that earnings report?

Regards,
Bob
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