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


To: Kevin A. Lynch who wrote (408)5/11/1998 7:11:00 PM
From: Kevin A. Lynch  Read Replies (2) | Respond to of 507
 
Earnings are out!!

My overall take....

Cash Burn down to 4.7 Million a quarter... Not Bad.
Product development Cost 3.3 Million quarter ... New stuff coming
Data Center Fees..... Nearly double last quarter
Earnings -.57 a share on cont. ops.. Unclear about 1st call basis -.87
Royal Banks option to purchase shares at 13.63 likely exercise

Not too bad, unsure how the street will react. Looked like pretty good progress to me.

Kman