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

To: Jerry Miller who wrote (1504)	4/14/1999 11:17:00 AM
From: Mr. Miller	Respond to of 2414

I am going to pay close attention to the 50-day moving average. Pre-split, I would not buy this stock above $100 right now. The downside risk is huge relative to the upside short-term. The 50-day needs to get in better synch with NTBK's price. Right now, the 50-day moving average is about $62-$65. We are over $160 away from the average: tscn.com Keep in mind when I say this that a stock does not have to move down to the 50-day moving average. The current price could move sideways for a while until the 50-day moving average catches up. Either way, I am not a buyer of NTBK stock for probably the next few weeks. Also, I would not short an internet. Anyhow, I feel more comfortable being in ABOV at its high valuations for its focus on infrastructure. Wallstreet loves most infrastructure plays, especially those of the internet. Miller