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Non-Tech : NetBank(NTBK)-formerly Atlanta Internet Bank
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To: Mike Milde who wrote (1323)4/8/1999 12:32:00 AM
From: Sam Sara  Read Replies (1) of 2414
 
Net stocks are im midst of consolidation. NTBK will be a target of a portal (e.g. AOL, YHOO) or a major bank. Portal acquisition would be better for current shareholders, would likely get higher premium on stock price. Acquisition is inevitable- portals like AOL want you to never leave their site, and banking services will be part of what they will offer to increase stickiness.

Just hope to see a few more doublings of stock price before inevitable happens. Talk of valuation is important, but this is now a net stock- forget earnings, subscriber growth will be key to eventual valuation.
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