NetBank(NTBK)-formerly Atlanta Internet Bank Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : NetBank(NTBK)-formerly Atlanta Internet Bank

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Benny Baga who wrote (998)	10/20/1998 9:15:00 AM
From: AugustWest	of 2414

aw, shucks, it twan't nothin', more like a late night revelation of sorts. If I tried to come up with the numbers again, I'd probably come back with 0.08 this time. They do pick some nice quotes to lay out in the press though... At the Company's October board meeting, D. R. Grimes, CEO of Net.B@nk, stated, ''In a period of instability for many financial institutions, Net.B@nk has continued its unprecedented growth by tripling its number of accounts thus far this year to approximately 15,000 accounts. This growth validates consumer acceptance of the Internet as a viable banking delivery channel and a tool for managing their personal finances.'' I hope their customers service is up to snuff though. Does anyone have some numbers on the rate of retention for their various accounts? I'm assuming problems are few, since there hasn't been too much discussion to the contrary. But right now, it's time to dance. I wonder, are those early arrivals the last week are planing to sell their tickets to the next higher bidder at the open today?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next