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

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To: Mike Milde who wrote (315)4/20/1998 7:51:00 PM
From: Robert Gwizdz  Read Replies (2) of 2414
 
Mike:

<< NTBK has no banks to walk into...>>

That's great. We've built several banks, and I know what it costs to build/maintain them. They're saving a ton of money. That's the very same reason why you see banks in shopping centers, grocery shopping stores, Wal-marts, etc. The overhead cost of the granite, marble, and cathedral ceilings are staggering, hence the move into "low-class" space.

You have any info about their competition-if any?

Robert
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