SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : FNCM Finet.Com -- Ignore unavailable to you. Want to Upgrade?


To: judge who wrote (18)2/2/1999 5:07:00 PM
From: Mr. Big  Respond to of 2420
 
good news for FNHC holders - CNBC had CS Boston Internet analyst on saying that EGRP, AMTD and other e-brokerages will branch out into financial services like mortgages etc.. to further their growth and develop positive synergies.

stock will hit radars of momentum traders on volume

Recent news at marketwatch.com :
cbs.marketwatch.com.

E-Commerce in action:
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 as well.

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