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


To: Jane Hafker who wrote (249)4/6/1998 10:57:00 PM
From: Jimbo Cobb  Respond to of 2414
 
Off topic...Jane: I don't know too much about AMEN, the stock...just what I found from their website and various press releases on the company...the IPO was at 5 1/2 last year...stock is currently around 4, hits to their web site and memberships are growing at about 30% MONTHLY...those type numbers remind me of NTBK...

I picked up a few shares today at $4. They are currently losing money (as are most Internet plays), but they have enough cash to sustain them for about 2 years (per the prospectus, which is viewable from their web site), and by then, they should be generating substantial advertising revenues, etc.

Please pass on the information to those who would be interested in their web site content and/or an investment in AMEN.

Mark.