NetBank(NTBK)-formerly Atlanta Internet Bank Message Board

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

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To: usab_long who wrote (2031)	7/5/1999 2:33:00 PM
From: VALUESPEC	of 2414

Yes, and E*Trade had to compete with Swab and Waterhouse, and . . . But they still prospered! The market is huge. NTBK couldn't even begin to handle all the potential business, could they? NetB@nk is a specialist. Some banks entering net banking are like Sears opening a discount store when compared to Wal-Mart. Wal-Mart has the right mind-set to run an internet company. How many big banks will prove to have the right mind-set? NTBK: ~ $39 ~ 35,000 accounts as of June 1, 1999 VALUESPEC

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