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Non-Tech : Rock Financial (RCCK) -- Ignore unavailable to you. Want to Upgrade?


To: lou debiase who wrote (8)4/8/1999 10:09:00 PM
From: LABMAN  Respond to of 24
 
p/e ratio of 36.36
revenues from internet transactions to increase substantially,
massive advertsing campaign to start shortly
float of 3 million shares out of 13 million
RCCK is a screaming buy period

lm



To: lou debiase who wrote (8)4/8/1999 11:10:00 PM
From: LABMAN  Read Replies (1) | Respond to of 24
 
FROM the company's web site

Who is Rock Financial?

Rock Financial is one of the largest and fastest-growing
independent mortgage lenders in the nation. What began
as a three-man operation in 1985, has grown into a more
than 800-employee, 30-location, national lending
powerhouse.

Initially offering solely mortgage loans for conventional
borrowers, today we've diversified to include sub-prime
mortgage loans (for borrowers with less-than-perfect
credit), specialty mortgage products (loans that exceed
the value of a borrower's home), government-backed
mortgage programs, and more.

In May of 1998, Rock Financial Corporation became a
publicly-traded company. This was a very exciting event
for every member of our Rock Financial team. Our stock is
traded under the symbol RCCK on the NASDAQ exchange.

Over the years, we've been ranked as among the top retail
and sub-prime mortgage lenders in the country by National
Mortgage News, and the largest independent mortgage
bank in Michigan by the State of Michigan.

| About Us | Help | Tools | Glossary | Contact Us | Home |


30600 Telegraph Rd, 4th Floor, Bingham Farms, MI 48025
Thursday, Apr 8, 1999 © 1998 Rock Financial





To: lou debiase who wrote (8)4/10/1999 8:57:00 AM
From: LABMAN  Respond to of 24
 
US MORTGAGE RATES FALL.. this should cause some activity at RCCK



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U.S. mortgages head lower

By Vincent Safuto, bankrate.com
Last Update: 11:25 AM ET Apr 8, 1999
Personal Finance news

WASHINGTON (bankrate.com) -- Mortgage rates fell this week,
according to the bankrate.com national survey of large institutions.

The 30-year fixed rate fell 5 basis points to 6.96 percent and the 15-year
fixed rate dropped 6 basis points to 6.59 percent. The one-year
adjustable rate rose 1 basis point to 5.83 percent. A basis point is one
one-hundredth of a percent.

The average monthly principal and interest on a $100,000, 30-year
fixed-rate mortgage fell to $663 and the payment on a 15-year loan
slipped to $876.

Bankrate.com's overnight survey found that the average annual percentage
rate nationwide for 30-year fixed rate mortgages is 6.83 percent, down 3
basis point from Wednesday's rate.

Car loans

If you're looking for a new set of wheels, you'll
probably need a loan to get the car of your dreams
off the lot.

In bankrate.com's overnight update, the lowest rate
we found on 48-month new car loans is 6.25
percent at the Jacksonville Federal Credit Union in
Jacksonville, Fla. Call 1-904-359-0491.

The highest rate we found is 12.40 percent at First
Bank Puerto Rico in San Juan-Ponce. Call
1-787-729-8200.

For car loans in your area, click on auto loans.

Many institutions don't provide auto loans
nationwide, but you may be in a better position to
bargain with your local bank if you know how its
rates compare with others across the country.

Overnight averages are based on bankrate.com's database of 3,500
institutions. Rates are updated throughout the week, but change all the
time. For the latest, search bankrate.com's rate tables and check with the
individual institution.

Vincent Safuto writes for bankrate.com, which provided this story
for CBS.MarketWatch.com

For more breaking news, visit our Front Page.

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Back to Yahoo!

LM



To: lou debiase who wrote (8)4/10/1999 11:50:00 PM
From: LABMAN  Respond to of 24
 
RCCK added to stockwatchers portfolio 2 this afternoon.

lm