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 (901)	9/1/1998 9:48:00 AM
From: Elsewhere	Read Replies (1) of 2414

>If all that counts are real earnings, >then I know a few real bargains! Which ones? Only companies with sustainable earnings, please. Look at MO - the 2nd best Dow stock in August. >If investors are too short sighted, or don't believe NetBank >will be successful, then that just presents a good buying >opportunity for the long term buy-and-hold investors that >think NetBank is doing the right thing. Go ahead - the market doesn't prevent you from buying twice as many shares for the same price as you were able to get during the CNBC appearance of CEO Grimes just one month ago ;-). Don't misunderstand me - I like the company, too, and the potential is considerable, but the market mood seems to have changed. Risk premium is repriced all over the world, and any assets which are not bullet-proof get slaughtered. If signs of a recession get stronger (just look at yesterday's worst NAPM index drop since 1986) we might easily see a Dow of 4000-5000. Best invest, Jochen

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