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Non-Tech : NetBank(NTBK)-formerly Atlanta Internet Bank -- Ignore unavailable to you. Want to Upgrade?


To: Mike Milde who wrote (1927)6/15/1999 4:36:00 PM
From: Gambit  Read Replies (3) | Respond to of 2414
 
Why is the military a good target for NetBank? Account balances are likely to be
lower than they have been in the past.

Mike

For now... think longer term.

Military has a large base of young people which at some point in the future say 5-10 years will be moving into high income jobs. It is more likely for the young to get into NET banking and as such its a nice way to spread the seeds of the future and make some money at the same time ... win win weehaa : )

Adam-*-



To: Mike Milde who wrote (1927)6/16/1999 9:38:00 AM
From: VALUESPEC  Read Replies (1) | Respond to of 2414
 
<<Why is the military a good target for NetBank? Account balances are likely to be lower than they have been in the past.

Mike>>

Mike Milde, you are kind of funny. As I said, even low balance holders are good. Some will get better jobs and later have larger balances. Some will have friends who have a lot of money, and then use NetBank based on a low-balance friend's recommendation.

Also, let's not forget about cross-selling opportunities.

If you are short NTBK, I find that hard to believe. This company's outlook looks great.

NTBK: ~ $31

VALUESPEC