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

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To: hoffy who wrote (88805)	8/11/1999 5:19:00 PM
From: $Mogul	Read Replies (1) of 119973

I don't agree and I will tell you why. you said that "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"." MDCM as made over 2B in loans as quoted by the CEO on CNBC today, now when you look at a business you have to lookat the big picture. MDCM Revenues 35.7M EELN only 6.8M EELN loses 11.2M in Net Revenues MDCM only loses 6.1M On a valuation basis there is no way that MDCm should not be worth the same if not more than EELN. I am not sure EELN is the leader in the space..they just are the first mover..which is important. In fact I do have shares of EELN...but also bought MDCM today when I saw how cheap it was. $Mogul

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