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Technology Stocks : E Loan Inc -EELN

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To: REDDY who wrote (782)12/30/1999 12:07:00 AM
From: KENNETH DOAN  Read Replies (2) of 817
 
REDDY,

IMO. Interest will have a major impact on EELN due to the following reason:

1. EELN still needs to borrow money to live on
2. EELN has no right to any interest or recurring income
(they only make money on origination) after that no more
they will not getting anything for that loan
3. their business model is paying 3 bucks to make 1 buck
and I have not seen anything else to change that yet
4. United State loan structures are the most profit in the
world, and EELN is paying 3 bucks to make a buck.
How are they going to manage to make money going world
wide? I don't beleive other countries are going to pay
as much as the US does for loans.

again, this is only my opinion.

regards and good luck to you
Regards
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