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

To: Mike Milde who wrote (1323)	4/7/1999 10:48:00 PM
From: Triffin	Respond to of 2414

Mike .. Guess you are right .. eyeballs and checkbooks .. a powerful combination .. and the market has given the YHOO's the 'funny money' currency to do the 'deals' with .. Somebody is going to put together a financial services 'portal' with 1) Stock and Mutual fund research 2) IPO availability 3) On-line banking 4) on-line trading 5) Real-time financial news 6) Real-time charting 7) Real-time analytics 8) Community/chat like SI 9) Bill Pay NTBK+EGRP+GNET+CKFR+YHOO Talk about a 'sticky' site !!!!! Jim in CT ..

To: Mike Milde who wrote (1323)	4/7/1999 11:09:00 PM
From: Goolie2	Respond to of 2414

Agreed. I think the challenge is to stay long for a few years. I like TBFC, but both will do fine. I think that you have to almost take a Buffet approach and say, I will own these stocks for as long as they can add assets and new accounts profitably. Ignore the daily market action on these stocks. When a stock quadruples in a few months, the natural tendency is to sell. I already sold too much of my TBFC. I know other bulls who are completely out at lower prices. Pschologically it's tough to get back in. Regarding margins, Direct Banks will be able to expand their offerings in the future. They will be able to swap their expensive stock for mortgage underwriters who usually sell for single digit p/e's. There has been lots of discussion about them becomming financial portals. The upside is almost limitless, as they opperate in a vast industry with very weakly managed competitors. I would like to fast forward 5 or 10 years. I think TBFC and NTBK if they are still independent, can have $100Billion in assets or more. Time will tell. Goolie2

To: Mike Milde who wrote (1323)	4/8/1999 12:32:00 AM
From: Sam Sara	Read Replies (1) \| Respond to of 2414

Net stocks are im midst of consolidation. NTBK will be a target of a portal (e.g. AOL, YHOO) or a major bank. Portal acquisition would be better for current shareholders, would likely get higher premium on stock price. Acquisition is inevitable- portals like AOL want you to never leave their site, and banking services will be part of what they will offer to increase stickiness. Just hope to see a few more doublings of stock price before inevitable happens. Talk of valuation is important, but this is now a net stock- forget earnings, subscriber growth will be key to eventual valuation.