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 : Mortgage.com, Inc- (Nasdaq: MDCM) -- Ignore unavailable to you. Want to Upgrade?


To: Ken Whiteside who wrote (326)9/8/1999 3:50:00 PM
From: Softechie  Respond to of 516
 
We should see one more upgrade from underwriter tomorrow. I think they are spreading the PR news out so market doesn't get a dump at once.



To: Ken Whiteside who wrote (326)9/9/1999 4:30:00 PM
From: Van Nguyen  Read Replies (1) | Respond to of 516
 
Mortgage lender stocks are a relatively more "interest" sensitive than other stocks, thus it should have a greater correlation (1+) with the market index. Look at the facts: both DOW and NASDAQ are in the positive territory, despite being upgrade and having a new joint venture with Prudential, MDCM was positive only during the first trading hour and remains most of the trading day near its bottom, yet it closed in the red territory.
Do you think MDCM today's behavior is really comforting???
What is your supporting evidence but hope and fear?