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

To: Mike Milde who wrote (2326)	10/19/1999 10:48:00 PM
From: Herc	Read Replies (1) \| Respond to of 2414

I record in Microsoft Access every buyout I read about and can get the #'s on. My records reveal that Telebank was bought out for 8.7 x sales and 10.3 x book. It had negative earnings so I didn't count that. If you use the figures for NTBK's sales/share in Yahoo of $1.31 and book value/share of $8.13 and multiply them by the respective multiples above, add the two results and then divide by 2, one comes up with $47.57. Admittedly not perfect, but something to hang your hat on.