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Technology Stocks : CSDD -- YourBank Online.com 4/11/99

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To: Paris who wrote (10)4/12/1999 9:01:00 PM
From: Letmebe Frank  Read Replies (2) of 27
 
Hello again Paris: I've been trying to do some reserch on CSDD, but finding nothing online. Strange, I think, for an online company. consolidateddata.com Nothing at this URL.

Looking at the chart:
bigcharts.com
I wonder what has fueled the recent interest in this stock. Prior to purchasing the software YourBank Online.com for 10 million was this a viable company? In what business? What were their financials?

From their April Fools press release: MOUNTLAKE TERRACE, Wash.--(BUSINESS WIRE)--March 30, 1999-- Consolidated Data (OTC BB:CSDD) announced today that it has finalized an agreement with DETK Corporation to purchase its proprietary software YourBank Online.com.
biz.yahoo.com

Why did DETK sell this software for 10 mill if it had so much potential?

Market cap is sitting at close to 50 million now. Is it just a web site? Where is the revenue?? What are the projected forward earnings? yourbankonline.com

A search of alta vista using {+"consolidated data" +online +bank} found nothing. Who are these guys??

Can you or anyone give me a reason why this company is one I should own? Forgive me, but I haven't caught the INET hysteria bandwagon... yet. Sure would like to see a stock I own triple in 2 days!!
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