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

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To: Bruce A. Thompson who wrote (1850)6/4/1999 1:13:00 PM
From: Kat  Read Replies (2) of 2414
 
This is the second time NTBK has done a secondary offering below current price. The first time price was presplit and it wasn't long after offering price shot up. Just speculation--letting certain future shareholders have shares at discount---knowing price will shoot up when deal is complete.
Where are you finding info on offering..there has been no news release. I heard it on CNBC---sort of sneaky.
I'm long---way long ago--- and if history repeats itself, this is a wonderful long term buying opportunity---those getting the secondary seem to think so!!
Kat
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