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


To: Sgt. Stockpile who wrote (1566)4/15/1999 10:52:00 PM
From: Whitmore G.  Respond to of 2414
 
Sgt. Stockpile,

Woooo there partner! This is a good stock but not that good. It is a bit over heated now! Take a look at JKHY, and SCAI which both provide financial services to the Netbank operation and many others in this emerging field. (Disclosure), I just took a long position in both of these stocks ,but It looks good for all these stocks. One has to be careful when the momentum stocks like these i.e. NETBK in this case blow there tops. We could be waiting for a few days to weeks to see 200+ at the close again for this stock. In the mean time there will be buying opportunites a plenty in the 100 to 150 range!!!! IMHO. I'll be waiting for those like a shark!



To: Sgt. Stockpile who wrote (1566)4/15/1999 11:15:00 PM
From: Mike Milde  Respond to of 2414
 
<< To All On the NTBK Thread: I'm new to NTBK and am seriously considering going long. Could any of you tell me the source of NetBank's revenues since they offer free checking, and offer a higher interest rate on accounts? I'm trying to figure out how they make money. >>

Not to be critical, but you should answer this question long before you "seriously consider going long". :)

I was long NTBK for over a year but am now sitting it out for a while until these types of investors get cleared out of the way.

Mike