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Stocks E / Edify Corporation


Subject:  Re: 3/18 B-week article EDFY better than SONE! Date:  5/20/1999  11:00 AM
Author:  Tomcarter Number:  39 of 47

Korny, so now what do you think of SONE?????? I guess it has fallen from 80 to 50...

<<BIG DEALS. Franco's other recommended stock in the sector is Security First
Technologies (SONE), which sells software that allows banks to provide
home-banking services to customers. While some 40 to 50 companies do roughly
same thing, its superior product has won some of the biggest banks as customers, he
says. The stock has doubled in the past six weeks on news of deals with Royal Bank
of Canada and alliances with Anderson Consulting and Hewlett-Packard (HWP).
Security First closed on Mar. 17 at $66, still short of Franco's $80 price target.

Marenzi, whose firm advises corporations on which software to use, thinks Security
First has some technical problems and says its rapid growth is due mainly to personal
relationships top management has been able to tap -- which it can't do forever. Given
its rapid price rise, he says, "I would expect it to fall back to earth." He thinks
Broadvision (BVSN) and Edify (EDFY), two companies that also sell Internet
commerce software to banks, are better positioned currently.

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