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

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To: TLindt who wrote (45)3/9/1998 12:47:00 PM
From: Marathon  Read Replies (2) of 2414
 
Welcome TLindt. Good to hear you are a owner of this stock. I have appreciated your insights on the XCIT and other web threads. I am still a holder to XCIT. Your leads to relevant news sources was instrumental in my decision to buy. In fact it was some comment about either you or Chirodoc that first tipped me off to NTBK. I did my homework back then, liked what I saw and jumped in at 14 1/4. The concept of pure internet banking is a great story. Surprisingly enough the existing beheamoths of the industry have created their own barriers to entry due to all the brick, mortar, and conventional customer base. It would be very difficult for them to offer competitive rates while maintaining profitablilty in their traditional market. NTBK is expecting to turn profitable this quarter. Lets hope so.
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