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


To: $Mogul who wrote (171)6/30/1999 8:05:00 PM
From: stockman_scott  Read Replies (1) | Respond to of 817
 
$Mogul: In regards to "the online mortgage thing"...

<<Projection-$250 billion in mortgage loans via the NET by 2003 says
Deutsche Bank AG.

'.. While Internet lending is still a small part of the overall
mortgage market, which saw a record $1.5 trillion in new loans
last year, it's expected to boom in coming years. An estimated
$250 billion in mortgage loans are projected to be made over the
Internet by 2003, compared to $4.2 billion in 1998, according to
a study by Deutsche Bank AG...>>

news.com.

There will be exponential growth in this marketplace and I feel that E-Loan has a good chance to become the dominant player. This is just my opinion <G>...In under 3 weeks you'll see what the analysts have to say. Stay tuned.

Best Regards,

Scott