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Strategies & Market Trends : Working All Day, But Trading Behind the Bosses Back Thread -- Ignore unavailable to you. Want to Upgrade?


To: Mark[ox5] who wrote (309)1/30/1999 1:10:00 PM
From: Steve Smith  Read Replies (1) | Respond to of 779
 
Mark,

I jumped into BOWG Friday after passing up on NTXY @ 6 3/4 this week. NTXY closed at 14 Friday. Oh well...

Here's the description on BOWG:

"About Suite101.com

Suite101.com is an Internet Company engaged in the creation, operation and maintenance of a World Wide Web based community, known as ''Suite101.com'' where Internet users are able to express themselves, share ideas, interests and expertise, and to publish content accessible to other users with common interests. Suite101.com can be found on the Internet at the following address suite101.com. The community includes its visitors, Members and Contributing Editors organized topically into eleven major ''Communities of Interest.'' By establishing a free service enabling Internet users to create their own Web sites in
Communities of Interest, the Company further believes that the users will in turn write about their experiences and offer their knowledge to other Internet users as a
means to find the best content and information on the Internet -- quickly and easily. These Communities of Interest provide the context and tools for Web users to
publish content, to communicate with other users, and to access a centralized and easy-to-navigate destination for the Best of the Web content. Suite101.com: suite101.com is the first online community of Real People helping Real People find the best and most current information on the Internet.

Suite101.com's revenue model will concentrate on electronic commerce (''e-commerce''). Through e-commerce, Suite101.com intends to provide its Members with
access to the products offered by leading marketers and service providers (''E-Providers'') whereby Suite101.com will participate with their E-Providers in a
percentage of the proceeds from online transactions. "





To: Mark[ox5] who wrote (309)1/30/1999 2:10:00 PM
From: Mark[ox5]  Respond to of 779
 
biz.yahoo.com

BancBoston Robertson Stephens Issues a Research
Report on the State of On-Line Banking in the U.S.

SAN FRANCISCO, Dec. 11 /PRNewswire/ -- The following is being issued by BancBoston Robertson Stephens, a member
of the National Association of Securities Dealers, CRD number 41271:

BancBoston Robertson Stephens senior electronic commerce research analyst Gary Craft recently issued a research report
titled ''On-Line Internet Banking in the U.S.'' In this report, Craft discusses the five principal on-line banks in the U.S:
Compubank, NetB@nk, NextCard, Security First Network Bank and TeleB@nc Financial Corporation.


''In aggregate, these five banks hold $2.5 billion in assets and approximately half that amount in consumer deposits,'' said Craft.
''These assets and deposits represent only a sliver of the industry's $3 trillion, plus in assets, yet rich veins of deposits are often
found below even the slightest cataract. The point of our research and investment thesis is simple: the modest cataract now
characterizing the Internet banking industry runs very deep and when explored, should yield very high rewards.''

Craft feels that the five current Internet banks discussed in the report represent a colorful palette of corporate strategies. ''They
range from traditional banking retrofitted for the Internet, to low-cost delivery/customer pass-through savings,'' said Craft. ''The
Internet is lowering the cost of funding for banks, and combined with the branch-less, low-cost banking platform, these banks
are able to offer superior rates compared to the traditional brick and mortar bank.''


In the report, Craft also reiterates BancBoston Robertson Stephens Strong Buy rating on TeleB@nk (Nasdaq: TBFC - news).
''We believe that TeleB@nk is a direct play on the on-line banking and Internet phenomenon. The company now reports that
48 percent of its customers and prospective clients interact with the bank through the Internet,'' said Craft.