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: Mama Bear who wrote (1931)	6/16/1999 9:44:00 AM
From: VALUESPEC	Read Replies (3) of 2414

<<robbie, I really haven't got one.[an opinion on NTBK's future] I'm a little cautious because the big banks could squash them like a bug.>> I don't think so. The big-banks have "bricks and mortar branches" and much more expenses in processing each piece of paperwork. Also, NTBK's cost of picking up a new customer is lower, and traditionally, NTBK's new accounts have been higher-balance account holders. That is because the internet savvy customers tend to be higher income. Is your income above average? NTBK: ~ $31.00 VALUESPEC

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