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Technology Stocks : Mortgage.com, Inc- (Nasdaq: MDCM)

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To: Softechie who wrote (39)8/17/1999 7:36:00 AM
From: Softechie  Read Replies (2) of 516
 
MDCM After doing DD's between Mortgage.com and E-Loan companies, I've found MDCM is much undervalued at $8's while EELN at $22's. MDCM is backed by Intuit with 9% ownership and Intuit has Quickenmortgage. To connect between the two you have to think about long term of online mortgage business and I'll leave at that.

E-Loan has a jump on Mortgage.com in getting eyeballs with Yahoo and E*Trade. You will see MDCM making deals with other portals soon. They beat the crap out of EELN on revenue. The next important step is getting surfers eyeballs.
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