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Technology Stocks : ePlus (PLUS) -Online Procurement

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To: SAO who wrote (10)12/22/1999 4:43:00 PM
From: Stock Puppy  Read Replies (1) of 29
 
Lots of potential this one. News:

ePlus Increases Bank Line to $65 Million

HERNDON, Va.--(BUSINESS WIRE)--Dec. 21, 1999-- ePlus inc. (NASD: PLUS - news) today announced that it has increased its line of credit with First Union National
Bank to $65 million from $51.5 million.

The increase in financing capacity is as a result of better than expected customer acceptance of ePlusSuite by such customers as MicroStrategy, Proxicom, and webMethods, and the anticipated national marketing rollout of ePlusSuite the last week of January, 2000.

biz.yahoo.com
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