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

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To: Bruce A. Thompson who wrote (1537)	4/14/1999 4:00:00 PM
From: Mr. Miller	Read Replies (2) of 2414

If you are willing to hold...yes, it is a winner. However, this run was too fast, too far. A standard, worst-case-scenario retracement for internet stocks in a bull run would be anywhere from 30%-40% off highs. That would place NTBK loss potential here from $75 to $100, which it is now reaching. However, add to the mix that this company just went from about $50 a couple weeks ago, to nearly $250(a five bagger in two weeks) and you may have even more downside than the usual 30%-40%. This is a short-term destruction. You should have expected it. Wait long term(like 2-3 years) and you will have a $10 billion company. Besides, the whole internet sector is taking a breather along with the NASDAQ today. Profit takers and short-sellers making money today. Not alot of buyers. They were in full force yesterday. Even the internet sector is going to have down days, but the trend is UP and that is what counts! AND, when this list has companies you never heard of(namely small chump-change stocks): quote.yahoo.com You know it has been a slow, and down, day. Miller

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