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Technology Stocks : E Loan Inc -EELN

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To: Mohan Marette who wrote (357)7/13/1999 5:01:00 PM
From: stockman_scott   of 817
 
Mohan: What a rough day for EELN shareholders <G>...I know we have sold off some from our all time high BUT this baby is recovering pretty nicely. EELN is one of my top 3 positions and I have an ave. cost in the 20s -- not bad for under 2 weeks for investing in E-Loan. Yet, IMO EELN is a keeper and I expect that it could become a dominant player in its category. I have invested in this company with a multi-year time horizon and will ignore the volatility. I still expect that we may hit the triple digits (and split) before Y2K gets under way..!! The analyst coverage should give us a nice boost in the next few weeks.

Best Regards,

Scott
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BTW I'm not familiar with this 'Homestore' deal and I'll let you know if I find anything.
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