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

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To: Bruce A. Thompson who wrote (1947)6/16/1999 11:18:00 AM
From: Mike Milde  Read Replies (1) of 2414
 
<< Our earnings per share estimates are $0.14 and $0.28 for 1999 and 2000, respectively. >>

Bruce Thompson, note that earnings are expected to grow at a rate far slower than account growth.

The thing we need to see is how they are going to market other services to these account holders. Simply having account holders itself does not produce earnings.

Mike
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