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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Nazbuster who wrote (29789)4/13/1999 9:16:00 PM
From: J.Y. Wang  Read Replies (4) of 122087
 
<FLBK> <EQTX>

They are just banks. In the long run, keep two terms in mind when evaluating the business prospects of an internet company (or any company): competitive advantage, and barrier to entry. What competitive advantages does NTBK have over any other bank which sets up internet banking? What barriers to entry does NTBK have over other banks who want to do net banking? The answer to both is not only "none" but *ABSOLUTELY NONE*. NTBK is a joke. If NTBK is a joke, you come up with the term to describe EQTX, FLBK and other NTBK-wannabees.

In the short run, who gives a flying sh*t?!?! This is the New World Order in the stock market. NTBK might hit $10 billion in market cap. Why? Because AMZN is at almost $30 billion and NTBK is worth at least 1/3 of that, right? Whatever.

I didn't buy NTBK but I bought EQTX today at 27. It closed at 41 1/2. It's flying POS and I don't deserve the profit, but neither did I deserve to get raped by EFAX and TUNE.

When in Rome, do as the Romans do. When Rome falls, get the f*** out!
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