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Technology Stocks : E Loan Inc -EELN

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To: Adam S who wrote (750)10/13/1999 10:54:00 AM
From: Bipin Prasad   of 817
 
Thanks. I was concerned about overseas' financing a little bit. Now we have the answer. Thanks again!

Well, overseas for example, all of those financings came from partners. So, we didn't have to put any cash in the overseas venture. We raised about $60 million there. And here in the U.S., we raised about $50 million on our IPO, we're in good shape there. We'll look at the capital markets opportunistically going forward. But again, we really have to focus on building the company globally in these additional products representing the entire right side of the balance sheet.

later,

InSook
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