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Technology Stocks : E Loan Inc -EELN -- Ignore unavailable to you. Want to Upgrade?


To: Elmer who wrote (68)6/25/1999 5:01:00 PM
From: Mohan Marette  Read Replies (2) | Respond to of 817
 
Shareholders as per S1/A SEC filing dated 6/22/99.

I don't know this is considered 'hot','very hot' or just 'warm',with the rise in interest rate looming large in the horizon the temperature might have dropped a notch or so from the original 'position' since their biz is interest sensitive I would think.Also they dropped the price,may be that should tell us something.

As for Sequoia Capital,I don't seem them here on this list of major shareholders.

OWNED
SHARES NUMBER -------------------
BENEFICIALLY OF SHARES PRIOR TO AFTER
NAME OF BENEFICIAL OWNER OWNED BEING OFFERED OFFERING OFFERING
------------------------ ------------ ------------- -------- --------
<S> <C> <C> <C> <C>
Benchmark Capital Partners II L.P.(1)...... 8,061,360 -- 23.9% 20.9%
Robert C. Kagle
Entities affiliated with Technology
Partners(2).............................. 4,666,641 -- 13.8% 12.1%
Ira M. Ehrenpreis
Entities affiliated with STV IV, LLC(3).... 3,304,590 -- 9.8% 8.6%
Chris Larsen(4)............................ 5,555,121 -- 16.5% 14.4%
Janina Pawlowski(5)........................ 5,511,927 -- 16.3% 14.3%
Doug Galen(6).............................. 185,625 -- * *
Steve Majerus(7)........................... 65,625 -- * *
Tim Koogle(8).............................. 971,607 -- 2.9% 2.5%
Wade Randlett.............................. 1,500 -- * *
The E-LOAN Foundation(9)................... 75,000 5,000 * *
All directors and executive officers as a
group (15 persons)(10)................... 25,345,531 -- 75.1% 65.9%




To: Elmer who wrote (68)6/26/1999 3:33:00 PM
From: Mohan Marette  Respond to of 817
 
Red Herring on E-Loan.

David here is an opinion:-

E-Loan is an online provider of mortgages that gives consumers the ability to obtain the most suitable mortgages from a wide array of lenders at substantial savings. The company's Web site has over 50,000 products provided by more than 70 lending sources. The company is located in Dublin, California. Had the deal come to market a month or two ago, the IPO would likely have opened to a huge premium of $10 a share or more, but that time has passed. Now, it could be up about a dollar or two.
redherring.com