NetBank(NTBK)-formerly Atlanta Internet Bank Message Board

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

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To: Sanjay Varma who wrote (1833)	6/4/1999 7:33:00 AM
From: Mike Milde	Read Replies (1) of 2414

Sanjay, although I really like this company, you can't call it a pure net play. NetBank management has always insisted that NetBank is a bank and not an Internet company. I'd like to see this stock under $20/share before considering buying back in, and that's only if it looks like growth will be extreme. There are a huge number of tiny Internet banks out there that have everything going for them that NetBank does. I'm hoping that NetBank has had enough publicity that they can get customers more easily than other Internet banks. Another thing I'm waiting on is some hint from the company that they will be more than just a bank. It would be interesting to see them turn themselves into a personal finance portal site. Just my two cents... Mike

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