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

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To: Big Al who wrote (1339)4/9/1999 1:57:00 PM
From: Brentsky  Read Replies (3) of 2414
 
Big Al,

NTBK heading down now!!!! No way it can maintain these gains. Too many questions ahead. Wow, 8,000 clients in quarter. Doesn't seem like much to me when one considers that close to 1/3 of Americans are on internet. Plus, nobody is going to compete, like Citibank and others?

Got a feeling the actual number of customers who want internet banking will peak and level off and most customers want a local banker. Then these limited additional customers will be fought over by the big boys with better name recognition than NTBK (who?) !

Brentsky
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