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

To: jhild who wrote (22055)	1/5/1999 1:00:00 PM
From: Coop	Read Replies (1) \| Respond to of 43774

If you would like to find out some information on the new lending program from 84Lumber, you can call the phone number that they give you when you ask. Of course, that would require that you might actually believe that 84Lumber exists and that they do have a new lending program, but narrow-sighted minds don't always enjoy that. Yes, some builders (mine) are interested in using 84Lumber and some borrowers (me) who might be interested in using their services after shopping around, just might be interested in using them. One word of warning though, jhild, calling a company and asking for information might tend to destroy some of your "story".

To: jhild who wrote (22055)	1/5/1999 1:18:00 PM
From: Scottey	Read Replies (1) \| Respond to of 43774

I see you've moved from rehashing Shakespeare to polishing your satire. But you are too quick to dismiss the idea. Sure, you might not look for loans in a Home Depot, you'd probably hire contractors to build an addition to your home, too. The type of do-it-yourself person who goes to these lumber stores for more than just mollybolts to hang their latest art acquisition just might investigate loan possibilities over the phone. Your Sears comparison is not valid. Building materials and the money to buy them are essentially connected. Dockers and insurance aren't. What we need here is balance. Healthy skepticism should be mixed with an assessment of the positive aspects of PRWT's ventures. I know you're capable of it, why not try it? Scottey

To: jhild who wrote (22055)	1/5/1999 1:35:00 PM
From: bobkern	Read Replies (2) \| Respond to of 43774

jhild. No claims were made that Realty Money was going to set up shop in 84 Lumber to do mortgages. Your right about that not making any sense. 84 Lumber would give them the national exposure that the company said they were looking to do for Realty Money. It is more realistic to expect them to provide in store financing to the 84 Lumber customers. Many contractors purchase through companies like 84 and this would only add to the their current business of mortgages as well as provide this "National" exposure. If you go into other stores of this nature such as Furroughs, Bender, etc. you will find financing available there as well. It is common for companies to utilize outside sources for their customer financing. I once joined a gym that did this also. You filled out a credit application for your annual dues and they used a local credit company to finance it. The gym received their money up front and the finance company collected the payments and the interest for this. Best Buys is another company in electronics that uses this same method for customer financing. So the possible ties that Realty Money may have with 84 Lumber doesn't seem so far fetched to me. It seems to me that this is a great move by PanAmerican if it proves to be true. It may seem like small potatoes compared to the mortgages they write but consider this. There are many contractors who spend hundreds of thousands of dollars a year in materials. You would have to write a whole bunch of home mortgages to equal the dollars that one large contractor spends. Take this times all the 84 Lumber locations and you have some considerable volume added to their existing bottom line. Sounds pretty promising to me. Just my opinion here, but I like the possibilities. Bob