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Technology Stocks : E Loan Inc -EELN

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To: Kelvin Taylor who wrote (573)8/10/1999 7:53:00 PM
From: stockman_scott   of 817
 
FYI...a post from Yahoo Finance's EELN board...

<<Revenues increased by 270% year over year
by: ng2010 194 of 207

,they did not go down. Yes, interest rates are going up and all stocks including the nets are highly valued but that is symptomatic of the overall market. Either the glass is half full or half empty depends on the way you look at it. The stock is long term attractive at the current prices and in the teens. EELN will push on and expand into international markets with France, Australia, Canada, the U.K. and Japan being the most likely candidates. It will in all probability follow a similar strategy that another Softbank progeny, E*Trade, has pursued. The Japanese version will in all likelihood be in collaboration with Softbank and it might be franchised or the like as in the case of E*Trade Japan. Also as in the case of E*Trade, E-Loan would want to use it's stock as a currency in taking over other companies. Therefore it would endeavor to keep it above a certain level. Though of course it could be taken over by another Softbank progeny like Yahoo-Geocities, E*Trade-Telebanc.>>

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