Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Bruce A. Thompson who wrote (2071)	7/9/1999 1:34:00 PM
From: im a survivor	Read Replies (1) \| Respond to of 2414

To All : Whoever made that crack earlier about USAB, better take notice. This stock has been a triple for most shareholders in just the last short little while. The company has not even gotten started yet.......Everything is ahead of them. Look at the miniscule float.....look at the interest in the stock...look at the future.....look at the news. This baby, imho, has several splits ahead of it in the immediate future. Anybody that believes Netbanking will be a fairly substantial industry should take a look at the fundamentals. I am still looking to pick up shares of NTBK in the mid $20's, but am not stupid enough to ignore other plays in this field. USAB is a baby, and could easily duplicate the run NTBK experienced. Huge ad campaign is getting started and lots and lots of good news expected as USAB opens their sites and their services. Anyway.....everybody have a great day......

To: Bruce A. Thompson who wrote (2071)	7/9/1999 1:57:00 PM
From: mark garner	Read Replies (3) \| Respond to of 2414

my point is that if a customer is looking for a "no frills" account where they can get a higher CD rate or whatever...that a brick and mortar bank would rather point them to their own subsidiary where they have limited services as opposed to losing them to a Net@Bank. sure, it may be cannibalizing but its not losing the customer. IMO, this is where a brick and mortar has the competitive advantage of already having the customer base. as i said before, i also think Etrade has a competitive advantage. now, its not that i do not like NTBK. i have traded it. i just think Valuespec hypes a little too much and is not very realistic when he proclaims a stock price over $2000!!