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

To: jpmac who wrote (360)4/23/1998 10:28:00 AM
From: peter michaelson  Read Replies (1) | Respond to of 2414
 
Provision for loan loss of $4,000.

That may be a valid number, but don't forget that banks fall on their loan losses and no one is even discussing that here.

It is an important factor that needs to be taken into account. Does anyone know what their loan portfolio consists of?

Just asking (and interrupting).

peter



To: jpmac who wrote (360)4/23/1998 10:36:00 AM
From: Edward Burgener  Read Replies (1) | Respond to of 2414
 
Article in Toronto Globe and Mail... bank transaction costs are about $1.00 to $2.00 at the counter, $.40 for ATMs, and $.05 for the Internet. Is there any question that NTBK is going to be on a major growth curve? The swing to profitability this year is a confirmation of that potential growth.


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