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Microcap & Penny Stocks : AmeriResource Technologies (ARET) -- Ignore unavailable to you. Want to Upgrade?


To: Randy who wrote (7236)7/7/1999 8:54:00 AM
From: Chris K.  Read Replies (1) | Respond to of 7609
 
Hey Randy,

Thanks for the re-post of this VERY GOOD news...

I think ARET management will be smart enough to take advantage of such an advantageous government program for the Native Americans.

I really like three parts in this report:

"The effort will employ training of lenders, streamlined lending procedures and other methods to create 1,000 new Indian homeowners."

&&

"pledges by bond underwriters Banc One Capital Markets and George K. Baum & Co. to underwrite $1.5 billion in bonds over five years to finance home purchases by Native Americans"

&&

"to double the number of government-backed home mortgages in Indian country over the next three years."

I think ARET will be a good success story in the short term AND an awesome story in a longer term!!!!

CK.