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Microcap & Penny Stocks : PanAmerican BanCorp (PABN) -- Ignore unavailable to you. Want to Upgrade?

To: Style Writer who wrote (6881)	7/20/1998 4:29:00 PM
From: Mel Viticus	Respond to of 43774

Can that 5% origination fee be correct? Talk about a price gouge....compare that to the average 1% fee in the US on a mortgage loan....What's the deal, are you sure that 5% isn't the downpayment required to purchase the home? Mel

To: Style Writer who wrote (6881)	7/20/1998 4:42:00 PM
From: Buster	Respond to of 43774

Stock Trader, ouch!, Yes I did make a mistake on my math. I was attempting to generate some conversation regarding the fundamentals of the company. I was not trying to bash the company. 90% profit on the origination and service on the loans seems a bit high to me. But what do I know I'm just a dummy. At least you were kind enough to share some of your DD. Care to elaborate on the rehab projects, insurance and thrift acquisition? Buster