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


To: Mama Bear who wrote (1931)6/15/1999 5:53:00 PM
From: robbie  Respond to of 2414
 
Well, I'm relieved you're not short <ggg>. I'm thinking since the big boys didn't squash the little online brokerages like bugs, and banks are notoriously slow...watching the situation like a hawk though.

Robbie



To: Mama Bear who wrote (1931)6/16/1999 9:44:00 AM
From: VALUESPEC  Read Replies (3) | Respond to of 2414
 
<<robbie, I really haven't got one.[an opinion on NTBK's future] I'm a little cautious because the big banks could squash them like a bug.>>

I don't think so. The big-banks have "bricks and mortar branches" and much more expenses in processing each piece of paperwork. Also, NTBK's cost of picking up a new customer is lower, and traditionally, NTBK's new accounts have been higher-balance account holders. That is because the internet savvy customers tend to be higher income. Is your income above average?

NTBK: ~ $31.00

VALUESPEC