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Non-Tech : NetBank(NTBK)-formerly Atlanta Internet Bank
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To: Tom Hua who wrote (15)1/31/1998 10:37:00 PM
From: Jimbo Cobb  Read Replies (1) of 2414
 
I think the fact that SFNB was really a software company which also did banking probably took its focus away from the banking side.

NTBK does nothing but banking, so that's where their focus is. They have done a lot more advertising from what I understand and the account growth and asset growth is very impressive.

Will they succeed ?? I don't know, but they seem to be on the right track. I think the stock is getting into a pretty fairly-priced range, but if the "Internet-craze" hits it, we could see another 5-10 points.
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