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

To: Mr. Tomatohead who wrote (323)	7/9/1999 7:19:00 PM
From: stockman_scott	Read Replies (1) \| Respond to of 817

<< I don't quarrel that lots of purely speculative startups are being valued absurdly, just that I don't think this is one of them. Time will tell, I voted with my pocketbook>> Wise Comments.....E-Loan is backed by the same VC firm (Benchmark Capital) that incubated eBay, Ariba, Rambus, Palm Pilot, etc...Their record is legendary. E-Loan also has Sequoia, Softbank and Yahoo as strategic investors and partners. This firm IMO has the talent, the business model, the brand, the backers and the partners in order to become the dominant player in the online mortgage marketplace. I have invested in EELN (in the 20s and the 30s) with a multi-year time horizon. If the stock corrects some more I may even add to my holdings. The short term volatility should not concern those who have done their homework on this unique internet company. Best Regards, Scott

To: Mr. Tomatohead who wrote (323)	7/12/1999 11:27:00 AM
From: George Gotch	Read Replies (1) \| Respond to of 817

WOW!! YE cup runnith over with optimism..Gee it ain't half full it is running all down the table!. Yep... If I had a dollar for how many times that has been said I wouldn't be talking to you. The next Dell, the next MSFT. Funny people have been saying that for 10 years on Dell and if they would of just bought Dell, they would of done much better. To say that of a net stock at this stage is foolish. Remember, Dell was fairly established over the years when they went public. Not like these net deals where the ink is still wet on their corporate charters. These deals are going public for 2 reasons. The Venture guys are becoming super wealthy overnight with this stuff where in the past they had to let the companies operate for years first before bring them out. Of course this is caused by the net hungry public so you can't blame them. Of course the other reason is for capital to the company. These companies do want to succeed and the market is giving them the money to do it. The sad thing though is along with capital to grow and succeed, the market is attaching success to the stock price immediately! So the companies insiders are rewarded by riches overnight without actually doing something. This is silly and doesn't motivate companies to continue to succeed past the lockup time of their insider shares. Remember, Mike Dell was making PC's in his dorm back in 1984 and now is worth billions 14yrs later. This is after he built one of the best run companies in the world. Not 1yr after he left his dorm!