SI
SI
discoversearch

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: Jimbo Cobb who wrote (91)3/11/1998 8:11:00 PM
From: TLindt  Respond to of 2414
 
Isn't this wonderful.....I mean a Bank...without a branch per say. Everything stored in a computer.......diddly for overhead. Making it big time competitive....and bankers to boot!

Really comfortable they have chosen a platform to run on which supports most of the industry....and didn't try to re-invent the wheel.

Believe me they could grow, and grow, and grow, and grow, and grow, and grow......and not run out of capacity for their operations!



To: Jimbo Cobb who wrote (91)3/12/1998 10:37:00 AM
From: MARK BARGER  Read Replies (2) | Respond to of 2414
 
Mark, I talked to a Mr. Hoover with NTBK, yesterday before I pulled the trigger. He's in charge of marketing, and says they are up to 7400 accts. I got the feeling that they will be putting up another announcement in the near future, as he acted very optimistic and almost smug when describing their future. These guys have a head start, but I think competition will be fierce with the big boys as they try to catch up. I will settle with NTBK garnering 1% of the market personally <gg>.

Warning: I bought in at 20 1/2, which will now become the new upside resistance. I do like this stock, I noticed several large 10,000+ shares blocks scooped up at 20 1/2 which gave me comfort. Good luck to all.

Mark