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Non-Tech : USAB - USABancShares.com -- Ignore unavailable to you. Want to Upgrade?


To: Guidothecat who wrote (873)4/30/1999 8:05:00 AM
From: Investor in MI  Read Replies (3) | Respond to of 2419
 
I read that post a while ago and I frankly I didn't believe it. When I started looking into the #'s it looks like a much better value. However, the key to success in internet stocks is not PE, income, or profit / loss. Right or wrong, good or bad, the key to success is rapid growth of some sort. (according to NTBK account growth) That is how net stocks are measured. I don't think USAB is going to be $100 in two months, but if they can attract customers, and demonstrate measured growth over a 12 month period, who knows. The reason I went long is because the relative downside potential seems small compared to other Net stocks.