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

To: AugustWest who wrote (1936)	6/16/1999 9:53:00 AM
From: VALUESPEC	Read Replies (2) \| Respond to of 2414

<<But I'm still not eleminating the notion that we could even see lower than the first offering- split adjusted that's $15...maybe a stretch for that.>> AugestWest, I think you are WAY underestimating the value of NTBK and the value of it as perceived on Wall Street. This stock has gone down a lot, with all the other internet stocks recently, and I think insanity has already been hit. The fundamentals for the internet stocks has not changed. The fundamentals for NetBank have never looked better, and the PE is relatively low (100) for an internet stock. Depending on what happens in the next six months, this stock could really begin flying, IMO. At worst, however, unless things go backward, I see the support of around $ 29 holding. NTBK: ~$31 VALUESPEC