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Microcap & Penny Stocks : LINC - Plenum Communications (was PLNM)
LINC 24.86+0.1%Dec 29 3:59 PM EST

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To: TokyoMex who wrote (237)5/19/1998 1:35:00 AM
From: Larry Brubaker  Read Replies (2) of 837
 
Tokyo: I still don't get it. What does PLNM have to offer that a home buyer would pay for? A comparison of different mortgage interest rates? There are already many free sites which provide that information. Just do a search on "mortgage interest" and you'll see what I mean. Why would a home buyer pay for what they can get for free?

I understand why mortgage brokers would pay to subscribe to their service. The rest sounds kind of fuzzy to me. Have they managed to convince anybody to pay them a finders fee for a loan? How much of that $40 million revenue projection is from these fuzzy sources?

$25,000 average salary? In Seattle? Barely compete with McDonalds at that rate.
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