SFNB, Security First Net. Bank Message Board

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Technology Stocks : SFNB, Security First Net. Bank

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To: Box-By-The-Riviera™ who wrote (33)	1/3/1997 11:29:00 AM
From: Kevin A. Lynch	of 507

What a severe rebuke! I have read this thread for about two or three months, and watched the stock languish from 40 odd dollars a share to its current 10 and change price. I do believe that it represents value at this level, as the banking end has a book value of about 7.00 dollars a share. The only thing I know for sure is that banking will look alot different 10-15 years in the future. On the S1 and VFM, I would conclude that SFNB will also be selling regular upgrades to the package and other service that could possibly create significant revenue flows. I have read that we should not expect any real earnings power until 98 so the stock will probably stay in a trading range, somewhere between 10-15 dollars. I am a small shareholder, and appreciate the posts made to this thread.

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