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Non-Tech : NetBank(NTBK)-formerly Atlanta Internet Bank
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To: Eric J. Beyer who wrote (991)10/20/1998 12:30:00 AM
From: Ron Kline  Read Replies (1) of 2414
 
That's ok that they expand to Visa and such, but what really caught my attention and the real reason for the move up today (besides for good earnings) is that they have lowered the reserve requirement to have and checking and savings account. Now any guy who has $500 dollars to his name can sign up without fees. I think this brings in many new customers and gives them a chance to really have a competitive advantage to those bricks and mortar's out there. Yes I still have a bank in my state, but I think this is a bank that is doing enough to poke out some eyebrows. Anyway nothing is certain in the stock market so take it with a grain of salt, but it looks good to me.
Ron
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