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To: Charlie Smith who wrote (6395)7/30/1998 10:27:00 AM
From: TLindt  Respond to of 8545
 
TeleB@nc Financial Corp. (TBFC) 23 1/8 delayed: BA Robertson Stephens initiates coverage of branchless bank with "buy" rating and a 12-month price target of $30 a share; company is low cost producer of banking services , using outsourcing to achieve a cost structure nearly half the industry averages

Anything which you can do for 1/2 of what it costs a competitor to do, puts you in a very powerful position in the market place..IMO.

I REALLY like these E-Banks...I really do, S/T, L/T & Long Haul.



To: Charlie Smith who wrote (6395)8/21/1998 6:03:00 PM
From: TLindt  Read Replies (1) | Respond to of 8545
 
Long time no hear from......good thing I have my brokers safe keep my certificates....otherwise they'd have to cut down half the trees in Michigan just to issue the paper. I've got a back up plan, just in case, but right now....we've got enough T-P.

Any comments from the Institutional side?

BTW...now I'm having my Barley Pop.


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