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Non-Tech : NetBank(NTBK)-formerly Atlanta Internet Bank
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To: VALUESPEC who wrote (1864)6/7/1999 9:04:00 AM
From: Mike Milde  Read Replies (1) of 2414
 
I have no doubt that NetBank will continue its account growth (I assume that's what you are referring to when you say 'growth'). But no one here has related account growth to earnings and the stock price.

NetBank spends money to gain and maintain new accounts. They only earn money when they can put depositors' money to good use.

Can someone speculate on this and how it relates to earnings growth?

Mike
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