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Strategies & Market Trends : HomeLife: A Global Franchise Real Estate Company (HMLF) -- Ignore unavailable to you. Want to Upgrade?

To: Nancy McKinney who wrote (364)	5/12/1999 6:09:00 PM
From: EubieV	Read Replies (2) \| Respond to of 383

Acquisitions and Expansion continues... Spoke with Homelife CEO today. He finally had a chance to get with me, he's been traveling for over two weeks now and leaving again tomorrow for a few days. Where has he been traveling??? On business deals all over the place, from the Eastern US to China. He says the company is on track, expanding both in the loan origination business and through acquisitions. He commented that he could not be specific on the deals he is working on, but the company will release PR's as deals are solidified. My impression is that, as always, the management and company are hitting the pavement and progressing towards fullfilling their 1999 objectives. Although it is clear that the company is disappointed with the stock level, they are determined to demonstrate--through earnings and growth that the stock is highly undervalued. It's my opinion that they are keeping their nose to the grindstone, prodding forward and will let the results speak for themselves. We all know, via the company letter sent a couple months ago that they feel the stock has been manipulated by the MM's. I'm hoping for a PR announcing an acquisition within the next month or so. :-) Hangin Long on this one.