I just want to say I don't like the way this
company do business at all. I got a credit card from
Direct Merchants Bank (which is part of them from what I
understand), On March 99 this year, they decide to increase
the interest rate from 18.25% to 26.74%. When I call
to ask what is going on, all I got is this stupid
"..company policy.." answer. I guess this is one way for
them to increase the profit margin!!!
bankone announces credit card problems!!
Visibility on eps questionable.
krb - neutral from buy
cof - buy from strong
pvn - buy from strong buy
mxt - buy from strong
CHARLOTTE, N.C., Aug. 13 (dbusiness) �
LendingTree signed Metris Companies Inc. to market its
secured and unsecured Direct Merchants Credit Cards on
the online loan network. Demand for credit cards has
sky-rocketed 600 percent to more than 15,000 online
applications a month since January, LendingTree said.
�LendingTree has experienced incredible growth in demand for
credit card products this year,� said Doug Lebda, CEO
and founder of the company. �Bringing on a top-tier
issuer like Metris provides us more products to offer
MXT, Fell under 30 today,seems like a good time
to get in. Mr Z seems to know how to run a credit
card company. Way undervalued for this high pe market
of today. In again just under 30 looking to old high
by end of year based on management
With a P/E of 15 and growth of 25-30% it won't
stay down for long. I look at this as a great buyinh
oportunity. It did the same thing when it was at $51
(presplit) and then retreated down to the high thirties.
Still great growth and good management. Patient
investors will be rewarded.
I've owned MXT since the IPO and believe in it
for the long term. I thought it would see $50 by the
end of the summer. It may take until year end but I
do believe it will hit $50 and continue to grow from
there. MXT is a very profitable company with an
aggressive management team.
If I had the cash I would
have bought more MXT today. Unfortunately I'm heavily
invested in the internets right now and don't want to take
the loss. MXT is a better bet for the
Good luck longs!
MXT is being pushed down by the legal issue with
PVN and the disappointing cellular performance at
COF. MXT will make over $2.00 per share this year even
with the 27% dilution from the Thomas Lee investment.
With the GE Capital portfolio conversion in the second
half, MXT could grow even faster. With growth in the
30-40% range for this year and next, trading at a P/E of
17 is dirt cheap. I bought more of it yesterday.
It's still really cheap and will be up toward the $50
area before yearend.
Internet service provider, going public. Emsanet
is a new Internet Service
should be a profitable investment because; Emsanet
charges $12 a month for service, has zero debt, plans to
before they go public. Emsanet is
offering 1,000,000 shares of private
stock at three
dollars and fifty cents a share. This is the private
price. The company plans to go public at the end of the
year. As with any
investment this company does
contain some risk. This is a commission
transaction, with a minimum investment of $3,500. For more
an investor package, contact us at
1-888-999-8068 or email email@example.com
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