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To: TLindt who wrote (6391)	7/30/1998 10:04:00 AM
From: Charlie Smith	Read Replies (2) of 8545

T: His head is so far up, he can see the future: TeleB@nc Financial Corp. (TBFC) 23 1/8 delayed: BA Robertson Stephens initiates coverage of branchless bank with "buy" rating and a 12-month price target of $30 a share; company is low cost producer of banking services , using outsourcing to achieve a cost structure nearly half the industry averages; electronic branchless platform makes it one of the most exciting growth banks in recent history; expects company to lose $0.01 a share in 1998, a net of $0.48 in 1999 and a profit of $1.03 a share in 2000..... Charlie

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