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: Dr. Jeff who wrote (1974)	6/20/1999 3:28:00 AM
From: Tsaen Wang	Read Replies (3) of 2414

So Dr.Jeff, how is your scare tactic any different than the hypsters in this thread? Why not just present your case and save the lecture for the kids. No, there is not much barrier to the internet banking, it's just the natural extension in the internet revolution. Most banks have internet strategy by now, or their CEOs should be shown the door. Netbank is just one step ahead. A pure play and should be judge as such. To compare the netbank and a regular bank is missing the point. To illustrate my point, why did DLJ spin off its online trading outfit? Why not keep it in house. Or Barnes and Nobles. Certainly, every cat and dog can sell books on line. Why is Amazon worth more than the combine weight of its store front competitors? Now the valuation, if the net banking catch on with the public, as the online trading, NTBK is well positioned to ride the big waves as the Egrp or SCH. In this sense, this stock is still a speculation play, but with a lot going for it. To say this is a me too dot com and a 12 dollars stock just isn't convincing at this point.

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