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Microcap & Penny Stocks : LINC - Plenum Communications (was PLNM) -- Ignore unavailable to you. Want to Upgrade?

To: TokyoMex who wrote (90)	5/17/1998 3:46:00 PM
From: Larry Brubaker	Read Replies (1) \| Respond to of 837

Maybe "grossly overvalued" is a little harsh. But there is a limit on the size of the market for subscriptions. I believe the website says there are about 23,000 mortgage brokers. If so, they already have captured more than 10% of the market. Say the managed to capture the ENTIRE 23,000. At $50 per month, we are still only talking about 72 cents per share of total revenue. As far as other potential sources of revenue, it is hard to say. The website says subscriptions are responsible for the large majority of their revenue, and that is expected to continue.

To: TokyoMex who wrote (90)	5/17/1998 4:11:00 PM
From: ztect	Read Replies (1) \| Respond to of 837

Tokyo....... Though you make good points in your earlier posts, you neglect to note that there are what are known as "buyer brokers" who work on the buyer's side. These brokers provide all the information that traditional brokers (who work for the seller) would not like to provide. Buyer brokers also shop your mortgage around so that you don't have to. This is very helpful because the buyer broker has connections and relationships with financial institutions that no service , internet or otherwise, could provide. The buyer broker also prevents the buyer from being taken advantage of by the MANY bogus loans scams that are out there. Buyer brokers typically split the commision fee with the seller's broker. Regarding your point about seeing all the available lending rates in your region, these services are all ready provided by many newspapers on and off line. But even these rates have to be confirmed , and aren't official until they are"locked in" and you go to settlement especially since there are many dubious lending institutions and lending policies being offered. ztect (sorry spelling not checked)