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

To: McNabb Brothers who wrote (462)	7/16/1998 1:33:00 PM
From: Oeconomicus	Read Replies (1) \| Respond to of 507

Hank, I picked up some more Tuesday AM when the volume picked up, but only held it a day (for a quick 7/8 gain). Should have seen this coming. There are some serious buyers out there, buying in pretty big (for SFNB) chunks. They take a couple days off and the volume dries up, but the stock holds up pretty well then they return for more. How far we can go, I have no idea. Gotta do some homework on the numbers (I have the analyst meeting info now) to get a handle on potential revenue over the next couple years. Wondering when we'll get some new analyst coverage. Hey, the move in this over the last 3 weeks has almost made up for my AMZN and YHOO losses. Now, if we can just get FSTW moving... Regards, Bob PS: Guess I didn't really answer your question, did I? If you are comfortable playing momentum, we certainly have that. I generally like to have a better handle on the fundamental valuation, but I'm not uncomfortable with that right now. Perhaps a few of the analysts at the meeting are done with their reports and are putting their bigger clients in it before they proclaim their bullishness publicly. I hope so.