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To: puborectalis who wrote (1270)3/24/1999 10:02:00 AM
From: Mr. Miller
   of 2414
 
50-day moving average is closing in on $48:
tscn.com

In the last several months, this stock has not gone under its 50-day moving average. That is the support line, and I do not see any reason why it would go below that now. Growth is strong, and we are profitable.

Miller

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To: Benny Baga who wrote (1271)3/24/1999 10:16:00 AM
From: Mr. Miller
   of 2414
 
Well. This is a simple play. They have several accounts, and one is 3% interest checking with a minimum of $100, and NO FEES, with unlimited checkwriting. They also have moneymarket accounts higher than anyone else in the country, along with CDs. I have yet to check into their VISA or mortgage rates, but I will bet they are among, if not the, best in the country.

My thinking is this. Those that will bank online(and some won't for a variety of reasons) will want to use NTBK. I mean, if you want to bank online, why go with the lower interest rates of another bank. The current brick and mortar banks will NEVER be able to touch an online-only internet bank's rates. NEVER.

NTBK is here first. They are growing. They have the name recognition.

This is too easy.

Miller

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To: Mr. Miller who wrote (1274)3/26/1999 10:29:00 AM
From: AugustWest
   of 2414
 
buck, buck, buck the market!

See how far this baby flies today

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To: AugustWest who wrote (1275)3/26/1999 10:58:00 AM
From: Big Al
   of 2414
 
I think some news is out but I can't find it.I wonder what's up?

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To: AugustWest who wrote (1275)3/26/1999 11:30:00 AM
From: Triffin
   of 2414
 
AugustWest

TBFC has been running in tandem with
NTBK the past few days .. somebody
wants in bad ..

Jim in CT ..

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To: Triffin who wrote (1277)3/26/1999 11:33:00 AM
From: AugustWest
   of 2414
 
ols news, but worth taking note.

Net.B@nk, Inc. Prices Common Stock Offering
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.

Net.B@nk (http://www.netbank.com) is the largest federally insured bank operating exclusively on the Internet. The Company's mission is to profitably provide a broad range of banking and financial services to the growing number of Internet users. Its low-cost, branchless business model allowed Net.B@nk to attain profitability within a year of acquiring its bank charter while continuing to pass along operating cost savings to customers in the form of attractive interest rates and low fees.

This press release does not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sales of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities law of any such state. Copies of a prospectus relating to the offering are available from Bear, Stearns & Co., Inc., 245 Park Avenue, New York, NY 10167; Morgan, Keegan & Company, Inc., 50 N. Front St., 20th Floor, Memphis, TN 38103; Raymond Jaymes & Associates, Inc., 880 Carillon Parkway, St. Petersburg, FL 33716; or Kelton International Ltd., 35 Kurzon St., London, England W1Y 7AE.

SOURCE: Net.B@nk, Inc.

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To: AugustWest who wrote (1278)3/26/1999 12:00:00 PM
From: Triffin
   of 2414
 
AW..

NTBK and TBFC

TBFC filed for a 'follow-on' offering at about
the same time as NTBK..
Both companies need the $$ to grow the asset base
so I think the 'dilution' is being viewed favorably..
BTW..these two 'virtual banks' should be targeted
by CKFR as 'mini portals' for EBPP .. anyone pre-disposed
to do on-line banking with a 'virtual bank' would also
be pre-disposed to EBPP .. seems a natural fit to me ..
BWDIK <gg>

I'm trying to ignore the run-up here .. both of these
"banks" sport a very high Mcap/Assets ratio .. usually
20-30% for the 'best' banks .. not >100% as we have with
NTBK .. but then the asset growth rate has been phenomenal
to say the least .. You got a target in mind or holding
long-term ??

Jim in CT..

--------------------------------------------------------------------

Thursday February 11, 9:28 am Eastern Time

Company Press Release

TeleBanc Financial Files Registration
Statement for Follow-on Offering of
Common Stock

ARLINGTON, Va.--(BUSINESS WIRE)--Feb. 11,
1999--TeleBanc Financial Corp. (Nasdaq/NM:TBFC - news) announced today that it has filed a
Registration Statement with the Securities and Exchange Commission for a follow-on public offering
of up to $200 million of its common stock.

In addition, the underwriters will be granted an option to purchase up to 15% percent of the final
offering amount of additional shares of common stock from the company solely to cover
over-allotments, if any.

The shares are being offered through a group of underwriters led by Goldman, Sachs & Co.,
BancBoston Robertson Stephens, CIBC Oppenheimer and Legg Mason Wood Walker Inc. In
addition to the company, certain of the company's stockholders will sell shares in the offering.

TeleBanc Financial, through its wholly owned subsidiary TeleBank, member FDIC, is the nation's
leading Internet bank providing high- value products and services exclusively through the Internet
(www.telebankonline.com) and other electronic delivery channels.

The company has customers in all 50 states and a number of foreign countries. TeleBanc Financial is
the holding company of TeleBank, a federally chartered savings bank. At Dec. 31, 1998, TeleBanc
Financial had $2.3 billion in assets, $1.1 billion in deposits and over 50,000 customer accounts.

When available, a written prospectus relating to the offering may be obtained from Goldman, Sachs
& Co., 85 Broad St., New York, N.Y. 10004; BancBoston Robertson Stephens, 555 California
St., Suite 2600, San Francisco, Calif. 94104; CIBC Oppenheimer, 200 Liberty St., 39th Floor,
New York, N.Y. 10281; and Legg Mason Wood Walker Inc., 1747 Pennsylvania Ave., N.W.,
Washington, D.C. 20006.

A registration statement relating to these securities has been filed with the SEC but has not yet
become effective. These securities may not be sold nor may offers to buy be accepted prior to the
time the registration statement becomes effective. This news release shall not constitute an offer to
sell or a solicitation of an offer to buy nor shall there be any sale of these securities in any state or
jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of such state or jurisdiction.

Contact:

TeleBanc Financial Corp., Arlington
Todd MacKay, 703/247-3700, 703/524-0556 (fax)

EOM------------------------------------------------------------------

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To: Triffin who wrote (1279)3/26/1999 12:03:00 PM
From: TLindt
   of 2414
 
>>You got a target in mind or holding long-term ??

long term, with trading for income.

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To: Triffin who wrote (1279)3/26/1999 12:06:00 PM
From: AugustWest
   of 2414
 
Jim, TBFC follows NTBK in everything. NTBK is SECOND TO NONE.

I'm only in NTBK here. they are the pioneers, and leaders, IMO. Good plays on both though I suppose.

BTW, to the best of my knowledge, they both offer EPBB through CheckFree.

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To: AugustWest who wrote (1281)3/26/1999 12:15:00 PM
From: Triffin
   of 2414
 
<they both offer EBPP through CKFR>

That's good !!!
I own some of both .. added to TBFC when
I kept seeing their banner ads on YHOO every
time I went to get FA on a stock ..

Jim in CT..tell TL to break out the sunscreen...
this week-end..60's coming to his neck-o-the woods


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