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Strategies & Market Trends : Multi-Day Momos

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To: Lawrence Burg who wrote (6)3/17/1999 4:00:00 AM
From: Lawrence Burg  Read Replies (1) of 397
 
FNHC, an e-commerce firm, facilitates home ownership through a variety of technology-based products and automated services for consumers and real estate service providers. For the six months ended 10/31/98, revenues totalled $13.4 million, up from $6.3 million. Net loss before extraordinary item totalled $7.4 million, up from $3 million. Results reflect increased gains on the sale of mortgage loans and servicing rights, offset by increased interest expense and compensation and related expenses.

Despite somewhat enticing TA, a pass. 59/13...lotsa 144 sells lined up...hey wait...that could be a good thing if they expect a pop on which to cash out...nah. There's better studd out there.

The Play: Uh uh.
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