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Technology Stocks : E Loan Inc -EELN

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To: cooksbay95 who wrote (237)	7/5/1999 8:38:00 AM
From: Mohan Marette	Read Replies (1) of 817

Cooks: Forrester Research projects the market for online mortgage originations will grow from $18.7 billion in 1999 to over $91.2 billion in 2003, representing an increase in online penetration of the existing market from 1.5% in 1999 to 9.6% in 2003. In 1998 and the first quarter of 1999, E-LOAN was the leader in the online mortgage market with approximately $1 billion and $490 million in closed loans originated, respectively, including E-LOAN's estimate of closed loan volume from referrals.

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