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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: Pirah Naman who wrote (47735)	10/9/2001 1:09:27 PM
From: Uncle Frank	Read Replies (1) \| Respond to of 54805

A sign of life for the Internet? E-Loan (EELN:Nasdaq - news - commentary - research) was up 40.5% in midmorning after it posted a third-quarter pro forma profit of 1 cent per share, ahead of the year-ago loss of 16 cents. On a net basis, the company posted a third-quarter loss of about $9 million vs. a loss of $23 million a year earlier. The online mortgage company cited growth in its business, with revenue rising to $16.9 million from $9 million a year ago. E-Loan also raised its fourth-quarter revenue estimate to $18 million from $16.5 million and its earnings guidance from pro forma break-even to a pro forma profit of $1 million. The company said it expects continued growth in 2002. thestreet.com