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Technology Stocks : FNCM Finet.Com -- Ignore unavailable to you. Want to Upgrade?


To: Rock_nj who wrote (7)2/2/1999 2:04:00 PM
From: Trooper  Read Replies (1) | Respond to of 2420
 
From what I have found so far, the company appears to be solid to me. This is going to be the next big area of growth on the Internet, and it appears as though we are here on the ground floor! Great volume today, and I see on the other boards that word is starting to get out.



To: Rock_nj who wrote (7)2/2/1999 2:05:00 PM
From: Mr. Big  Respond to of 2420
 
FNHC has more than one website and future growth is via the Web :-)

interloan.com

finetholdings.com

E-commerce Business Opportunities: In Finet's rapidly evolving product
mix, electronically originated loans have taken the lead over
traditional loan applications. In October and November, more than
55% of wholesale loans were completed using Fannie Mae's automated
underwriting system. A just completed exclusive alliance with a
leading aggregator of mortgage leads on the Internet will enable
consumers to select online loan approvals directly through Finet's
Qualify.com technology or receive personalized advice and assistance
through its Interloan.com service. In another major new alliance,
Finet will exclusively operate the Finance Center site on a major new
Internet/print media real estate portal covering 27 major metro areas
that goes live next month.

Future looks bright with new management team, focused approach and large insider purchase of 2.5 million shares gives them 2.5 million reasons to build stockholder equity. technicals look good.

I am long waiting for the stock to reflect its true value.

Big