E Loan Inc -EELN Message Board

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Technology Stocks : E Loan Inc -EELN

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To: KENNETH DOAN who wrote (609)	8/17/1999 4:01:00 PM
From: stockman_scott	Read Replies (3) of 817

EELN is doing pretty well today..... If you were going to short, you should have done it in the 70s or 60s....IMO, you're a little late. Just because Norwest and Coutrywide have web pages DOES NOT mean they have strong global platforms for fascilitating online mortgages. They are outstanding players offline but online they are still learning. Recently we saw Banc One's Wingspan subsidiary partner with E-Loan. Yahoo (the portal that aggregates the most eyeballs) also has partnered with E-Loan. Timing is everything in this world. E-Loan is not my largest holding and I have taken some profits on this stock. Yet, IMO, it is not a wise move to short EELN in the low to mid 20s. Good Luck Investing. Best Regards, Scott

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