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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Mama Bear who wrote (29850)	4/13/1999 9:37:00 PM
From: Sword	Respond to of 122087

Agree, Mama. I am going to stay long NTBK forever (almost). FLBK will be a trading play now after the long run up. And next week probably a short. -Sword

To: Mama Bear who wrote (29850)	4/13/1999 9:47:00 PM
From: J.Y. Wang	Read Replies (2) \| Respond to of 122087

<NTBK> I wouldn't short NTBK right now. It's a POS with no competitive advantage and no barriers to entry, but the stock market is an interactive "game" where the rules are made by implicit agreement by the participants. If others think NTBK is the greatest thing since sliced bread, then it is the greatest thing since sliced bread (at least in the short term). NTBK says it will be able to offer higher interest rates for deposits because of its lower expenses. True, but so can't anyone who sets up a bank on the internet? Again, where is the competitive advantage and barriers to entry? KEEP THIS IN MIND: Money is a commodity like rice, wheat, copper, or pork bellies, and banks are in the business of "buying" (paying interest for deposits) and "selling" (charging interest for loans) money. It's a difficult concept to grasp but is absolutely true. Even if NTBK can charge a smaller margin for buying and selling that money, which is what they claim, how can it protect its turf from wannabees? It can't. Is the money offered by NTBK different than the money offered by other net banks or other banks? No. NTBK is a flying POS. You heard it here.

To: Mama Bear who wrote (29850)	4/14/1999 2:14:00 AM
From: Force Majeure	Read Replies (2) \| Respond to of 122087

Mamma Bear, Sorry to keep bugging you, but I respect your opinion (I respect the opinions of others as well, so anyone can feel free to chime in) It looks like NTBK soared today and I like an idiot just watched it go up. I know I'm extremely late on this one, but I wasn't in a position to grab this one when it was called. Now that I got out of some real losers, I have the margin to pick up a few more securities. Knowing that this is a long (and the some of the comments made on the thread suggest that it is shaky) in your opinion, is it too late to jump in on this? I will be out all next week with no access to the thread, so I want to take some long positions that won't require up to the second monitoring and hopeful recoup some of my losses. Sorry to keep asking you to hand-hold me. I just don't want to make another move without consulting someone with more experience. Thanks again so much for your help and patience. Cheers! FM