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Technology Stocks : SFNB, Security First Net. Bank

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To: King David who wrote (449)7/1/1998 6:55:00 PM
From: Kevin A. Lynch  Read Replies (3) of 507
 
King,

Maybe it would behoove you to put a tight spot loss say a dollar or two under the current price. I am considering the same; however, I have a gut feeling we may break through 20 in the short run. Having weathered the storm, and with the financials improving each quarter I don't want to miss out on the upside. One other thing, if you read my other posts about the shareholders that are underwater, you have to think that most holders cost basis is now lower than the stock price. We just hit about a 2 year high, and that constant selling pressure is likely to ease when the stock rallies going forward. Another plus, we are probable only about a year away from positive cash flow. Who knows, maybe Joel may even climb aboard if we keep moving forward.<g>

regards,

Kman
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