Joel,
You have asked us not to respond with hype; however, your post did nothing more than admonish Dale for his opinions. Bring your facts back to the table, and lets talk about SFNB. I have read the quarterly statements, listened to the conference call, and I think SFNB is at a crossroad. It would seem to me that banks are becoming more serious about getting online, and SFNB offers the only legitimate solution.
1. Bank Sold (nice for demonstration but not needed now)
2. Royal Bank on the line (easy leader in Canada) Its also widely reported that 20% of Canadians spend the winter months in the US.
3. Operationally best results reported yet.
4. R&D, finally some new products coming by 3rd quarter (beta now)
5. M&I signing second tier banks at an impressive rate.
6. Processing center adding users (still many to go)
7. Software Co. only as soon as bank sale clears.
8. Burn rate down to 2.7 mil a quarter and trending down.
9. Sweetheart sign on deals from early investors evaporating.
10.Strong quality management, a fine KY boy with lots of banking experience
11.No legitimate competitor... Name them, and name there milestones!
I am constantly hearing Intuit, MSFT, try to do better than that.
Your turn Joel, and maybe you could clarify your agenda. Are you short, long, considering, enjoy the spicy discourse from this thread, or just in search of your old pal. (I don't even recall the morons name, but you know who).
Regards,
Kman |
