Anthony @ Equity Investigations, Dear Anthony, Message Board

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

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To: Lucky888 who wrote (30734)	4/16/1999 1:03:00 PM
From: J.Y. Wang	Read Replies (2) of 122087

<NTBK> Bank analyst on CNBC talking about NTBK. Guess what her number one concern about NTBK was? No barriers to entry. Exactly what I said a couple of days ago. A big POS. If I were an insider, I would get the hell out soon before thousands more "net banks" come online. Because there are no barriers to entry, the margins for net banks will be no higher than for bricks and mortar banks and might be lower, contrary to the BS they have been spewing. (BTW, are margins for online retailers higher than for bricks and mortar retailers? Rhetorical question.)

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