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Non-Tech : USAB - USABancShares.com -- Ignore unavailable to you. Want to Upgrade?


To: KevinMark who wrote (1785)8/12/1999 12:38:00 PM
From: Bill J. Duke  Respond to of 2419
 
Good move. This is still a very good price!



To: KevinMark who wrote (1785)8/12/1999 12:38:00 PM
From: Kevin McKenzie  Read Replies (2) | Respond to of 2419
 
Just out of curiosity, what compelled you to buy? I'm still on the fence. I think the site opening is already priced in. In fact, there may be a selloff on Monday by those who expected it to break new highs prior to the opening.

I'm attracted by their Earthlink deal; I agree with Velo, that I don't think that is priced in yet.

I also like how hard USAB management works to get PR's out.

However, no profitability until 2001 scares me. Not many companies can get away with saying that. The big inets and some bio-tech stocks come to mind. But most other companies seem to get blasted when they predict losses.