Anthony @ Equity Investigations, Dear Anthony, Message Board

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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Anthony@Pacific who wrote (70834)	4/28/2001 10:18:12 PM
From: Tradelite	Read Replies (1) of 122087

Anthony, lots of people don't like some of the politics and things that go on behind the scenes with HOMS, but that is basically internal "Realtor-stuff" at issue there, and doesn't really affect shareholders, that I know of. HOMS gets a lot of money from sources which have a vested interest in making it work. And because it has so much of this firmly entrenched "institutionalized support", and is a focal point for a really really big industry (real estate), it gets a lot of web traffic and a lot of advertisers. As it stands today, the company is an asset to individual Realtors, home buyers and home sellers... and not all Realtors make equally good use of that asset by paying for extra services....but it's the big guys who control what goes on at NAR and their investment in HOMS (paid for with mandatory dues paid annually by every Realtor in America)---and so far everything seems to be working in everyone's favor. Did you know that NAR is not only the largest trade association in America?----it's also the largest and best-funded lobbying group in Washington, DC and plays a big role in protecting private property rights in our country. What it wants, it just seems to get most of the time, and I have to say that it has beaten down some really bad legislation that would hurt the average homeowner and home buyer over the years. Like I've posted before, surely HOMS stock will deflate at some point and probably will just go up again like EBAY does, because it's a popular stock. But bashing the internal structure of the company might be a waste of time.

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