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: Mike Milde who wrote (383)	4/29/1998 12:15:00 PM
From: MARK BARGER	Read Replies (1) of 2414

Mike, the growth rate for NTBK is intact. NTBK is coming off a valiant run to try to crack the $30 barrier in anticipation of the earnings report. One analyst with a $30 price target for NTBK downgraded them on a stock price basis only when they hit the $30 range. I think they will break the $30 barrier again and stay there before the year is out. IMO the stock is biding it's time, basing, before another run up this summer. I sold around 28 and am looking to get back in and will certainly buy back at 24 as long as the fundamentals don't deteriorate, which I don't think they will. Quite the contrary, these guys are at the right place at the right time. IMO the stock will jump when/if they finally start making money this quarter and announce it at the next earnings report. Good luck! Mark

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