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TWST: Could you go further into what you’d like to do over the next three years?

Mr. Hashman: You’ll see us moving forward in a few key areas over the next couple of years. First we’re going to continue to build the leadership position in the online credit card lending area. We’ll be introducing a secured credit card for people who don’t qualify for an unsecured NextCard (Nasdaq:NXCD). Someone with a deposit can access credit through their NextCard, or through a NextCard relationship. We’ll expand what we call our Instant Finance Network, which is point of purchase financing that enables shoppers who are purchasing big-ticket items to have more choices for how they pay for their purchase. Right now the Internet provides really only one solution in most cases a purchase with a credit card. However, consumers prefer different choices in how they pay. Our Instant Finance Network and this point of purchase financing will leverage our technology platform that personalizes and customizes offers for applicants in real time. It’s very applicable for financing big-ticket items. You’ll see us continue to look at enabling Internet-based transactions. We’ll continue to enhance our online shopping platforms. We expect to be leaders in online bill payment and we’re quite excited about the developments that have occurred in person to person payments. We’ll also expand geographically, with the UK being our first stop. We’ll continue to build the Internet focus and create a leading platform in multiple countries in the future.

TWST: What benchmarks can investors use to judge you over the next three years and when will you become profitable?

Mr. Hashman: We expect that we’ll achieve profitability by the fourth quarter of 2001 and we’ve made those statements publicly. The first benchmark for us is really, how we are growing our loan portfolio, our assets under management. We’ve seen very strong growth there. We are over 1 billion in loans under management today and given the demand and the growth in the channel, we expect that number to continue to grow. Second is what is the yield on our portfolio, what are we earning from these loans? We’ve seen significant increases in our yield. We were very pleased with our yield numbers for the third quarter. But you want to continue to monitor not only the growth in our loans, but also how are we earning, or what are we earning off of those loans? Third is the risk in our portfolio, our charge-off rate. The important thing for us as a business is the net of what we are earning on our loans and the risk in our portfolio, what we call our Risk Adjusted Margin. We’re targeting around 16%. We think that we are very much on track for that number. If you look at the combination of how our loan portfolio is growing and the elements of this risk adjusted margin, then you get a really good sense of how nicely the business is maturing. We’re obviously spending at this point to acquire customer relationships. That does drive the losses in the early years. However we are very similar to the other public credit card companies in that you will see us emerge after the fourth quarter of 2001 with a very strong portfolio of loans that is driving a lot of profits for us as a company.