Tokyo Joe's Cafe / Societe Anonyme/No Pennies Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: $Mogul who wrote (88803)	8/11/1999 4:56:00 PM
From: hoffy	Read Replies (2) of 119973

EELN looks a lot better to me. I don't own either yet and I am thinking of buying one of these. EELN made twice as many loans as MDCM made in the last quarter. "Mortgage.com loaned $293 million to customers via the Internet in the first quarter of this year, Rival E-Loan Inc. made $490 million in loans over the Web in the same period". Plus the IPO of MDCM was received very poorly today. It lowered it's price from the expected 10 to 8. Then it traded down to the low sevens and couldn't even hold the lower price on a day when the market was very good. Not a good sign. If I buy anything in the E-loan business it will be EELN I think. They seem to be the leader and this market you have to own the leader to be successful. Good luck with MDCM though. I don't think it has much down side risk either, probably a point or two but that is also 25% of it's price. I also don't see the upside potential of it. If MDCM moves up it will be because EELN is leading the group up. And the leader always moves up more.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next