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To: John Madarasz who wrote (5937)6/2/1999 8:58:00 PM
From: TLindt  Read Replies (1) | Respond to of 20297
 
>>>Please keep in mind that the author is about as cynical towards
the internet business model as is humanly possible.

Yea John it is an interesting read...like knocking the AOL model.

Maybe everything they say is a problem....I don't know...I honestly don't.

But I figure it this way...if they double their depositor base under rising interest rates, it's 1/2 of problem it once was. Quad'um and it's a quarter...nacth'um, oct'um and bock'um...who's gonna stop them?

They are a Stud in a whore house...the rules are not the same because they are on different playing fields...ie the Bank used in a comparitive mode would look like $hit if they lost all their depositors or in 12 months too...and there's more a chance of that happening then Net.Banks loosing theirs.