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

To: $Mogul who wrote (1571)	4/16/1999 7:24:00 AM
From: AugustWest	Read Replies (2) \| Respond to of 2414

Well, they have to share amongst four of them., and it's only 420K shares, not the 480K I posted last night. ATLANTA, Feb. 5 /PRNewswire/ -- Net.B@nk, Inc. (Nasdaq: NTBK - news) reported today that it has priced its previously announced public offering of common stock at a price of $46.00 per share. The offering was increased in size from a previously announced 2,370,000 shares to 2,800,000 shares, which includes 370,000 shares to be sold by Carolina First Corporation and two of its affiliates. The offering is being managed by Bear, Stearns & Co., Inc., Morgan Keegan & Company, Inc., Raymond James & Associates, Inc. and Kelton International Ltd. The Company has granted the underwriters a 30-day option to purchase up to an additional 420,000 shares to cover over-allotments. The net proceeds of the offering will be used to launch new marketing initiatives and to provide additional capital to support asset growth. On a trading note, it could be an up day if the market co-operates. I'm not talking $50-$100, that's gone for a while. BUT it might make a run at 180-200. Of course, it could also look for more support in tohe 80-100 range too. How about that for a blanketed performance direction<g>