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Non-Tech : NetBank(NTBK)-formerly Atlanta Internet Bank -- Ignore unavailable to you. Want to Upgrade?

To: KIPPer who wrote (477)	5/13/1998 8:31:00 AM
From: Benny Baga	Read Replies (2) \| Respond to of 2414

Ask and you shall receive: Security First Network Bank, S1 Report Net Loss For the fiscal first quarter ending March 31, Security First Network Bank and its subsidiary Security First Technologies Inc. report a net loss of $8.1 million, versus a loss of $6.6 million for the same period last year. Banking operations reported a net loss of $465,000 for the period, versus a loss of $755,000 last year. During the quarter, Security First announced the sale of its banking operations to Royal Bank of Canada in a transaction totaling $20 million, in order to concentrate on its software and technology operations. This sale is included in the results.