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Non-Tech : NetBank(NTBK)-formerly Atlanta Internet Bank
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To: IFLY_Trader who wrote (1903)6/9/1999 5:02:00 PM
From: VALUESPEC  Read Replies (1) of 2414
 
I was pleased with the account growth, but I am wondering what the quality of each account is. For information, I presume, we'll have to wait until earnings are released.

As I said before, we are in a limbo time period. If NTBK can prove that it can continue to add accounts, increase the number of accounts added each month (on average)AND grow the accounts by continuing to attract superior account holders, I think NTBK will go up a whole lot.

On the other hand, if the growth slows, or if they have trouble attracting desirable accounts, that would hurt. We are in the wait and see period, but at least we've seen that they are still growing accounts at a very nice pace.

NTBK: ~$32

VALUESPEC
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