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

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To: Robert Holmes who wrote (1428)4/12/1999 10:24:00 PM
From: Brentsky  Read Replies (3) of 2414
 
Well, if NTBK such a great company why will earnings be lower?

Whisper earnings report are putting NTBK earnigs at $.07 this quarter. That is $.02 below last quarters earnings which also missed estimates by $.02!!!

Beginning to see why all the hype around NTBK. The company hopes to drive price up before earnings to offset the whipping it will take. Real nice to talk about how i-net banking is so much cheaper than traditional banking, etc. But, where is the proof!!! It ain't gonna be in the earnings.

I know I got creamed on this stock as a short, but really folks anybody buying long at $160, who is not daytrading this stock, is gonna be in for a rude awakening next week!!!

Brentsky
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