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

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To: Bruce A. Thompson who wrote (1537)4/15/1999 11:26:00 AM
From: George Gotch  Read Replies (2) of 2414
 
Hope you have looked at a quote lately. Here is a lesson for you. Timing is everything in life. Hard to invest long-term when you buy a stock up 10fold in a month.
Also, don't get into this mindset that the net is going to crush traditional banking or retailing. Not everyone lives in a cyber world plus these "retailers" will utilize a web model also to supplement their current sales. Especially with banking, margins are so thin there you have to way the convenience of being able to get your money and the so called savings. Where is your advantage? Getting the money bothers me. I have to go to an ATM. Now that I live in Florida, I have a choice of 13 ATMs where I don't get charged. That is totally inconvenient. So I make a little more on my savings and pay through the nose to get my cash. I think I will stick to my major financial institution that offers online service. At least I know I can go to the bank to get my cash.
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