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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: Roger A. Babb who wrote (11997)7/24/1998 2:30:00 PM
From: put2rich  Read Replies (1) | Respond to of 18691
 
What price did you short? For small shares 31 3/4 is a good price to short?
Thanks



To: Roger A. Babb who wrote (11997)7/24/1998 2:31:00 PM
From: put2rich  Respond to of 18691
 
NTBK vol. is so slow, so either it goes down hard or up hard?
thanks



To: Roger A. Babb who wrote (11997)7/24/1998 4:35:00 PM
From: peter michaelson  Read Replies (2) | Respond to of 18691
 
Roger:

Do you know any progressive thinking bankers in Oregon, by any chance? Would love to discuss the concept of an Oregon Internet Bank with someone around these parts.

I agree that the prospect of competition is the Achilles heel for NTBK. For consumers to move accounts to the best deal will be nearly effortless in the internet bank world. A geographic loyalty or other affinity (such as The Gay and Lesbian Bank) might mitigate this.

In fact, this feeling permeates all my internet investment thinking - the barriers to competition are minimal and the retail sector will be commoditized to a great degree - as in Amazon, Preview Travel, Egghead and the rest. This talk I hear about the first company in a niche having it locked up is TOTALLY INCORRECT! If someone sells books for 15% less Amazon's price, who you gonna buy from? It will advertise itself! The internet makes shopping efficient.

Peter