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Technology Stocks : SFNB, Security First Net. Bank

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To: Kevin A. Lynch who wrote (408)	5/11/1998 7:11:00 PM
From: Kevin A. Lynch	Read Replies (2) of 507

Earnings are out!! My overall take.... Cash Burn down to 4.7 Million a quarter... Not Bad. Product development Cost 3.3 Million quarter ... New stuff coming Data Center Fees..... Nearly double last quarter Earnings -.57 a share on cont. ops.. Unclear about 1st call basis -.87 Royal Banks option to purchase shares at 13.63 likely exercise Not too bad, unsure how the street will react. Looked like pretty good progress to me. Kman

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