Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Srinivasan Balasubramanian who wrote (633)	8/23/1999 6:58:00 PM
From: fedhead	Read Replies (1) \| Respond to of 817

I think for EELN to move higher the interest rate outlook has to improve. They are directly affected by rising rates.

To: Srinivasan Balasubramanian who wrote (633)	8/24/1999 12:33:00 AM
From: Victor Lazlo	Read Replies (1) \| Respond to of 817

eloan has 3000 competitors for mtgs, (the online ones only) !! Victor

To: Srinivasan Balasubramanian who wrote (633)	8/24/1999 11:42:00 PM
From: stockman_scott	Respond to of 817

H & Q Really likes E-Loan's new relationship with B of A....FYI... <<...Importantly, we believe that as a result of the acquisition, E-LOAN will enjoy a closer relationship with BofA on multiple levels. Kenneth Lewis, president of BofA, is expected to join the E-LOAN board following the completion of the deal. In addition, we believe that E-LOAN will benefit from preferential pricing not only with respect to auto lending, but also in the mortgage lending space. Stay Tuned for Further Developments. We estimate that carfinance.com is currently on a $2-3 million revenue run rate. We expect greater visibility into financial model implications after the deal closes. While interest rate fluctuations remain a near-term risk in the core mortgage business, we believe the story is much bigger than that as the company expands its product breadth and geographic reach. This is a very aggressive management team who will waste no time in executing upon the opportunity to help consumers more actively manage the right hand side of the balance sheet. Online financial services represents a huge market opportunity, and we believe E-LOAN will continue to act as the consolidator in the broadly-defined lending space. We continue to rate these shares a BUY.>> -Complements of a Hambrecht & Quist Report (8/23/99)