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Technology Stocks : SFNB, Security First Net. Bank -- Ignore unavailable to you. Want to Upgrade?

To: Michael Patrick who wrote (275)	11/12/1997 7:26:00 AM
From: Steve Morytko	Respond to of 507

What firm is your broker affiliate with? Just wondering if it's a broker's good idea or if s/he has an interest in SFNB. Did s/he mention the banks involved or the dollar amounts anticipated?

To: Michael Patrick who wrote (275)	11/12/1997 8:16:00 AM
From: Box-By-The-Riviera™	Respond to of 507

I think a good reading of the past postings on this thread will answer most of your questions..... you will find extreme pro and not so pro postions regarding SFNB as an investment.... good luck Joel

To: Michael Patrick who wrote (275)	11/12/1997 8:20:00 AM
From: Brian K Crawford	Respond to of 507

They are the leading packaged web home banking solution. They are unprofitable. They are the only solution offering a bundled approach with software, server, and customer service thru their phone center. They are getting rid of their web Bank, which will help clear the muddy waters. Profitability is well down the road, no matter how many Banks they sign. (In fact, it is possible that each bank signup has a negative short term effect on profitability). They are adding to support and conversion capacity, as they have already bitten off a large mouthful with current announced clients. They are a portential takeover candidate and would be highly interesting to a FISERV or M&I. IBM/Integrion will present intense competition as the market settles in for the long haul and standardizes around OFX and the Integrion Gold standard. *I agree with Joel Gander that we have Bankers here running a software company, and that probably won't work out in the long run. As for making money on the stock, I am on the sideline for now. I asked my Magic 8 Ball if it was a good buy, and when I turned it upside down the answer was "Answer Unclear. Ask again later". Good luck. Brian