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

To: Instock who wrote (88)	2/11/1999 9:34:00 AM
From: Instock	Respond to of 2420

Interview with KOREL : RE - Post from Yahoo. This one looks like a real interview, unlike the false one someone posted on Yahoo yesterday. **************************************************************** messages.yahoo.com@m2.yahoo.com TALK TO MARK KOREL TODAY by: memek 1124 of 1137 phone# (925)988-6550 All the BS saying about him being fired is short spamming, he is working for fnhc. if u want confirmation, call the above number and ask for him. he is a very nice guy and very knowledgeable. glad to have him aboard. I spoke to him for almost 30 minutes and we cover a lot of informations. some of them are : * additional 22+ mil shares are restricted shares, can't sell it until holding period is over (1 year) * only 4-5 out of 27 planned portals are completed, some will be completed soon. fnhc is talking to AOL + YAHOO, but will not commit near term. it cost them a fortune to make those alliances * fnhc is 'in talks' with several major brokerage house to provide coverage, BROKERAGE HOUSES are VERY INTERESTED about fnhc. * company also 'in talks' to make alliances with warehouse lenders (possibly norwest too). * about those default that caused warehouse lender to raise interest rate by 4%, fnhc WILL CURE DEFAULT VERY SOON, THERE WILL BE A PRESS RELEASE NEAR TERM!!!!. after the default has been cured, fnhc will obtain favorable interest rate. * revenue from e-commerce is expected to rise from 55% to 75%+ near term. * fnhc is the only publicly traded e-mortgage firm but mark expects to see some other firms GO PUBLIC AND WILL PROVIDE ROCKET FUEL TO FNHC IN SYMPATHY. * fnhc is in the process of wrapping up the numbers for earning, earning will be out next couple of weeks. * he will fix balance sheet soon so fnhc could have a clean one by next quarter. * he will fix the cash flow and aiming to have a positive cash flow soon. * He recruited lots of talent and he thinks he will get one if he needs it He sounded very positive and upbeat about future of fnhc. and I'm going to buy more tomorrow. go fnhc!!!