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


To: Benny Baga who wrote (530)5/27/1998 8:43:00 AM
From: TLindt  Respond to of 2414
 
>>>The author is stupid enough to try to value AIB using traditional valuation methods, when AIB is not a traditional bank.

I thought that this was an insightful comparison...

messages.yahoo.com@m2.yahoo.com

"The first bank in the world was found near Florence in Italy in 1451 (Monte dei Paschi di Siena). This is a traditional but nice bank which is of course still running and that has a lot of branches in Tuscany.

Netbank is the first Internet bank. What a future in front of this new bank. Where will be Netbank in 547 years???

The growth is steady, about 55 new accounts every day. As a chief
accounter of a bank (size like Netbank, but we take 1 year to increase deposits like Netbank in one month) I love and admire this bank. There is an ocean of money around the world and a piece will go in Internet. The bank is also offering more service, but I do not really understand what it is and that is a more good point for the bank.

Advice for investors, who wants to get in the stock:
Don't look at the change on the price, look forward, this company is a great opportunity and is now making money.

Other point:
Be carefully: Upgrades could come very soon!!!
Could tell me someone the estimated costs (not for interest) of the second quarter.

I'm very glad to post on this board and I send You all the best wishes from this part of the globe!
Remo"