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

To: VALUESPEC who wrote (1997)	6/22/1999 1:25:00 PM
From: manito888	Respond to of 2414

It looks like sth is going on at NTBK. Anyone has the latest short position in this stock. Yahoo finance shows 7 million shares in May for NTBK. With 23 million float, this is a huge number. Thanks.

To: VALUESPEC who wrote (1997)	6/22/1999 1:28:00 PM
From: Mike Milde	Read Replies (1) \| Respond to of 2414

<< I bet others want to jump a year ahead on things, not to mention the customer base they would pick up. >> The market cap is around $100,000 per customer. If they are picking them up at $56/customer, then why is paying $100,000/customer a good idea? My point is that the customer base is far to small to be significant. << It looks like the "insiders" know something and are buying (or covering). >> What info do you have about insider buying? And why on earth would an insider short shares of their own company (if they are covering)? That's really bizarre. Mike