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


To: stockman_scott who wrote (304)7/8/1999 9:25:00 PM
From: Typhoon  Read Replies (1) | Respond to of 817
 
I'd be careful. I think eeln is a huge short. All the internets are up on huge expectations, and now if Yahoo starts selling off on what are purported to be blowout earnings, what happens when people start seeing empty business models with billion dollar market caps. Yes the internet is huge, and yes this is a huge sector. Why not buy Indy mac NDE and get an $11 book value $1.35 in earnings next year and and a 9% dividend, an internet motgage business, and real back office technology to price billions of mortgages?
No position in eeln, short yahoo and nite, long nde.