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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: stan s. who wrote (20920)	10/28/1999 10:37:00 PM
From: hoffy	Respond to of 108040

AHMH might be a real sleeper. A recent IPO that was little followed. NOw look at the earnings put out tonight: INternet loans way up, soaring revenues, nice earnings. This company has much better fundamentals than EELN which trades much higher and loses money. The sector started to get hot today and with these earnings AHMH should join the party. ===================================================================== American Home Mortgage Announces Third Quarter Results; Amount of Internet Loans Closed Increased 142% over the 2nd quarter 1999 NEW YORK, Oct. 28 /PRNewswire/ -- American Home Mortgage Holdings, Inc. (Nasdaq: AHMH - news), a leading online mortgage banker, today reported financial results for the third quarter and the nine months ended September 30, 1999. For the third quarter of 1999, revenues were $5.82 million. Net income from operations for the third quarter of 1999 was $741,327 or $0.10 per pro forma diluted share. ''The third quarter marked a number of significant advances for American Home,'' said Michael Strauss, Chairman, President and CEO. ''Our revenues continued to show impressive growth, particularly in our profitable Internet division, Mortageselect.com, which we attribute to our depth of understanding of what consumers seek in the online mortgage transaction process. The success of our model, including small, consultant-based call centers combined with broad product offerings and the speed and efficiency of an online solution, can be seen in MortgageSelect.com's impressive closing rates for Internet loans which exceeds 60%.'' THIRD QUARTER HIGHLIGHTS -- Amount of Internet loans closed reached $40.2 million, up 142% over the 2nd quarter 1999; -- Total amount of loans closed in the third quarter reached $327.4 million; -- Percentage of loans closed for home purchasers exceeded 83%; -- The company entered into strategic alliances with Real Estate Village and WebSuite that will make it the exclusive lender on over 11,000 realtor websites; -- The company entered into agreements to market its mortgages on 5 new websites; -- On October 1, 1999, the company successfully completed its initial public offering, which raised $15 million, through the sale of 2.5 million shares of common stock at a price of $6.00 per share.

To: stan s. who wrote (20920)	10/29/1999 9:28:00 AM
From: stan s.	Read Replies (1) \| Respond to of 108040

WIND, up preopen on the following. Wind River, Solectron may be a hit -- BusinessWeek Friday October 29, 1:35 am Eastern Time NEW YORK, Oct 28 (Reuters) - Peggy Farley, chief executive of Asent/Meredith Asset Management, buys Wind River Systems Inc. (NasdaqNM:WIND - news), maker of operating systems for electronic devices, whenever the price drops and Solectron Corp. (NYSE:SLR - news), which builds electronic systems for heavy hitters IBM and Cisco Systems, according to BusinessWeek. Farely told the magazine she thinks Wind River is cheap (closed at 18-5/8 on Thursday) and will leap to 35. She also told the magazine she expects sales to grow tenfold to more than $1 billion. She told BusinessWeek she likes Solectron for its great management and its share price, currently 70-1/8 should double in a year, she told the magazine.