Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Bruce A. Thompson who wrote (1832)	6/3/1999 5:40:00 PM
From: Sanjay Varma	Read Replies (4) \| Respond to of 2414

positive news? FS Van Kasper raised TBFC from 'sell' to 'hold'. Perhaps NTBK is next to be upgraded? At the very least, this analyst no longer repudiates the entire net banking sector! The analysts have been down on online banks because NTBK and TBFC are profitable, so that P/E can be compared to traditional banks, and also since total deposits can be compared. But history has shown that a pure net play with explosive growth can justify a high valuation. I bought in today at 33 and think NTBK will bounce tomorrow. Jobs date is released at 8:30 AM EST. -Sanjay