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

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To: Goolie2 who wrote (1363)4/11/1999 11:28:00 AM
From: Brentsky  Read Replies (2) of 2414
 
New Buyers Beware!!!!

Daytraders love to hype a running stock to lure in those that will buy high!!! All of these numbers presented are smokes and mirrors!! NTBK has no where close to the assets you claim and I doubt they ever will.

Big deal they are one of the first internet bankers. Anybody here old enough to remember Osborne Computers, the first portable PC. Guess what?, they were driven out of business by bigger, more well-know companies. Same can happen to the next AMZN!, lol You say competitors won't offer same services? Hello!! my little credit union already does!!!! Why would I wait one month to put my money in some unknown place, when my local banker offers the same!! It is just a fad for internet nerds, mainstream America ain't gonna go for it! (Put yourself in your parents and grandparents place, would they put all their money in an internet banking account?)

Don't get fooled. Wait for pullbacks to buy stock and, whatever you do, don't give your broker a market order to buy or you'll find (like some poor saps on Friday) that they own NTBK at 128 1/2, when it closed at 119.

All stocks that runup with little news, but mostly hype, will always correct themselves and NTBK will be no exception.

Brentsky
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