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

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To: Walter Xie who wrote (1858)6/5/1999 1:00:00 AM
From: Craig Bartels  Read Replies (1) of 2414
 
From a quote from an analyst ..

"We don't think there are significant market opportunities for branchless (banks)," he said, explaining how they offered too few perks and services.

What?? Not a significant market opportunity??! Obviously, this analyst has no idea the power of the internet. How many people said that about YAHOO, and online brokers? To few perks? How about interst rates 3x the industry average?

I'm done venting...I bought in at $29 a share today. Kinda wierd, didn't even know about the new stock brought out at 29 a share...at least we moved above the low for the day today.

Craig.
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