E Loan Inc -EELN Message Board

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Technology Stocks : E Loan Inc -EELN

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To: Joe Donato who wrote (511)	8/3/1999 5:28:00 PM
From: stockman_scott	Read Replies (2) of 817

<<I predict that you will be able to buy this one below the IPO price.>> I predict that you're wrong <G>.....this stock was offered at $14 and I don't see E-Loan going much lower....we are still above my ave. purchase price and I still feel in the next 12-18 months we could be up in the triple digits....this is a well run company....a first mover....Goldman and DLJ will support this stock. The demand for a more efficient way to offer mortgages and loans will not disappear....in fact if rates edge up some more consumers may be increasingly motivated to use the net to find the best financing option. E-Loan is in a much better position than many investors realize. I have a LONG time horizon on my investment in this company and expect E-Loan to recover quite quickly once the IRRATIONAL interest rate fears subside. Best Regards, Scott

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