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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: Kimberly Lee who wrote (1456)	4/12/1999 8:18:00 AM
From: RockyBalboa	Read Replies (2) \| Respond to of 108040

Looks like some have cold feet and threw out EBAY at 175 and 177, yhoo ditto. SEVL bidding up 0.25, 1st trade up (maybe a fallout of the weekend takeout rumors). XMCM prints 78 and above, ESPI up, deserved a better day. C.

To: Kimberly Lee who wrote (1456)	4/12/1999 12:36:00 PM
From: mod	Read Replies (1) \| Respond to of 108040

More good news from FSFH, soon to be BTOB as they complete their transition to an e-commerce company. With an annual run rate of over $2 billion (based on the strong March results), and a market cap of $200 million, this has got to be the cheapest e-commerce play out there. ---------------------------------------------------------- First Sierra Announces Exclusive Agreement with En Pointe Technologies, Inc. and Strong Demand for FirstLink Internet Browser Product HOUSTON--(BUSINESS WIRE)--April 12, 1999- Company Processed $245 Million of Small Business Applications in March Changing Ticker Symbol to BTOB First Sierra Financial, Inc. (Nasdaq: FSFH) today announced details of its continued e- commerce growth. The Company processed approximately 6700 applications in March that, if approved, would generate $245 million in business. In addition, First Sierra is seeing strong demand for its FirstLink internet browser product and has signed an exclusive financing agreement with En Pointe Technologies Inc. Strong Demand for FirstLink Internet Browser Product First Sierra announced that it is receiving increased demand for its FirstLink Internet browser product, which provides Internet connections to First Sierra's technology for approved vendors, brokers and customers. FirstLink not only enables vendors and customers to submit lease applications on-line, but also provides application status reporting, document generation, portfolio and customer performance data and other on-line data mining capabilities. The Company currently is adding FirstLink new vendors at a rate of approximately five per week. Exclusive Agreement with En Pointe Technologies, Inc. First Sierra has signed an exclusive agreement with En Pointe Technologies, Inc., an on-line computer reseller that operates through an e-commerce platform. En Pointe selected First Sierra to design and build its customer finance program and to work with its Firstsource.com division, an on-line seller of computer equipment for small and medium businesses. "The agreement with En Pointe Technologies and the strong demand for our FirstLink product validate the power of our technology and the added value associated with it," said Thomas Depping, President and Chief Executive Officer. "Technology has played a major role in our business since we established on-line extranet connections with our Private Label partners 4 years ago. Today it is enhancing our ability to win business and greatly improving the efficiencies of our business operations." "Our purchase in March 1998 of Nexsoft Inc., the premier developer of automated e-commerce lease system software, continues to pay big dividends," said Michael Sabel, Executive Vice President. "Nexsoft, which developed all of First Sierra's systems, now operates solely as the software and systems division of First Sierra. With our combination of technological, financing and e-commerce expertise, we are uniquely qualified to develop En Pointe's automated customer finance programs." Changing Ticker Symbol to BTOB First Sierra also announced that it plans to change its ticker symbol to BTOB effective at the opening of the market on Monday, April 19, 1999. The change is being made to better reflect the Company's success in the area of business- to-business e-commerce and its business strategy of developing an electronic community of business customers.