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Strategies & Market Trends : Alamos Gold -- Ignore unavailable to you. Want to Upgrade?


To: SAM-DAN who wrote (15)10/13/2001 12:12:19 PM
From: Al Collard  Respond to of 4470
 
Hi SAM-DAN,

Your in with BAS-t @3.56 for 5,617 shares.

Chart for Basis100, Inc:

stockcharts.com[l,a]djcanimy[dc][pc20!b50!b100!b200!f][vc60][iUb14!Ll14!La12,26,9!Lh14,3!Lc20]

After falling off a cliff in late August the chart of this stock shows that after basing just over the support of it's 200MA it bounced back and has been in an uptrend for the last 3 weeks. Now trading above all it's major MA's BAS should have good support @$3.11 it's 20EMA.

Good luck with this pick,
Al



To: SAM-DAN who wrote (15)10/15/2001 2:09:54 PM
From: Al Collard  Read Replies (1) | Respond to of 4470
 
SAM-DAN, news out on your pick BAS-t:

Basis100's Solimar technology chosen by GMAC-RFC

Mon 15 Oct 2001

News Release

Mr. Gary Bartholomew reports

Residential Funding Corporation (GMAC-RFC) has implemented Basis100's
Solimar automated valuation technology as an enhancement to its automated
underwriting programs, Assetwise and Assetwise Direct. The new technology
will make the collateral valuation and mortgage origination process faster,
more efficient and less expensive for lenders and borrowers. The new
automated valuation model (AVM) service conducts a statistical estimate of
a property's value faster and more affordably than a full appraisal. The
service conducts a complete evaluation in seconds, versus the typical three
to 14 days for a standard on-site appraisal. The technology will perform
the collateral valuation at no charge for select Jumbo A, Expanded
Criteria, and home equity loans through GMAC-RFC's Assetwise and Assetwise
Direct underwriting programs.
"Lower cost valuation alternatives are critical to transform the mortgage
industry and bring significant, lasting benefits to customers and
homebuyers," said Michael J. Kozlak, president of GMAC-RFC's Residential
Capital Group. "This service is another step toward our end goal of
streamlining the mortgage finance process."
"The expansion of our technologies into GMAC-RFC's Assetwise and Assetwise
Direct underwriting programs confirms that our AVM technology brings
measurable value to both an organization and its customers," said Gary
Bartholomew, chief executive officer and chairman, Basis100.
There are currently 475 lenders and 2,500 brokers using Assetwise, which
underwrites over $5-billion in loan applications per month. Assetwise
facilitated the purchase of more than $1.3-billion in closed loans in the
month of August.
"We have simplified the underwriting process for lenders and brokers, which
translates to quicker property valuations and lower costs for consumers,"
said Mr. Kozlak. "And ultimately, that end result of creating better value
for homebuyers is what we strive for at GMAC-RFC."
About GMAC-RFC
GMAC-RFC, a wholly owned subsidiary of GMAC Financial Services, is
America's largest non-agency issuer of mortgage-backed securities (MBS) and
home equity loan (HEL) asset-backed securities (ABS), and No. 1 warehouse
lender. The company leverages its strengths in securitization, lending and
investment to offer a broad portfolio of innovative capital solutions. The
company is headquartered in Minneapolis and operates in the United States,
Europe and Latin America. Homecomings Financial provides a portfolio of
wholesale lending products to mortgage brokers, and originates and services
mortgage loans.



To: SAM-DAN who wrote (15)10/16/2001 11:14:27 AM
From: Al Collard  Read Replies (1) | Respond to of 4470
 
SAM-DAN, more news out on your pick BAS-t:

Basis100 Signs 200 New Solimar Technology Customers Raising Total Customers to 1,448

newswire.ca