SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : E Loan Inc -EELN -- Ignore unavailable to you. Want to Upgrade?


To: mact who wrote (387)7/15/1999 11:34:00 PM
From: Srinivasan Balasubramanian  Respond to of 817
 
mact,yes .. it is

1. run up to the earnings, needless to say, the first qtr on heels
of the IPO will be big.
2. end of quiet period almost coinciding with the earnings release
3. fear of inflation subdued, market not expecting a rate hike
in the next Fed meeting, long bond also under 6% (hopefully
next Greenspan speech will confirm this line of thinking).

I expect a spectacular run-up since EELN is emerging from a 50%
correction from its high and all gaps are now filled. my target is $80, but it could go to $120. you don't need much money to move this one.