SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Mortgage Bankers Holding Corp (MBHC)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: sheetmillgalvanize who wrote (1057)5/20/1999 7:55:00 AM
From: CIMA   of 1241
 
The Internet & Casino Stock Report
May 19, 1999

Market Overview:

Traders still adjusting to recent tightening bias decision. Tech stocks
should recover from here but ever so slowly. We are now approaching what is
seasonally a very benign timeframe. The summer months are often rather
uneventful.

Mortgage Bankers Holding (MBHC): The recent retreat in stock price may be
attributed to the following: 1) a parting of ways with their CEO, as this
man's views were apparently inconsistent with MBHC's aggressive growth
strategy and 2) the removal of their online mortgage webpage. The site was
taken down for the purposes of renovation. The company has assured investors
that two PR's are forthcoming (most likely before the E-Loan IPO, now
expected the week of May 31st). One to announce a new CEO and one to trumpet
the new and improved webpage <www.mbhc.com>. We believe the current price of
0.29 offers a tremendous buying opportunity.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext