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

To: sam who wrote (2387)	3/28/2000 3:22:00 PM
From: peter michaelson	Read Replies (1) \| Respond to of 2414

Because it so boring. It is out of the momo's eyes and returning to a sensible valuation IMO. peter

To: sam who wrote (2387)	3/28/2000 8:44:00 PM
From: Herc	Respond to of 2414

I think the consensus of money managers right now is that Internet Banks have to pay too much to attract deposits. So they will never be profitable. I disagree. They don't have to have all those buildings, and they don't have to have all those tellers and loan officers. But there are lots more attractive investments out there. So I don't own NTBK right now. Also Telebank just bought up the nationwide network of ATM machines. Also I believe NTBK reimburses your ATM charges. And you can always get a debit card from NTBK and get cash when you buy stuff at retailers with your debit card. We are nearing the first anniversary of NTBK's historic runup to 240, pre 3:1 split, of course.