SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks
LendingTree, Inc. (TREE)
An SI Board Since February 2000
Posts SubjectMarks Bans Symbol
4 0 0 TREE
Emcee:  HiSpeed Type:  Unmoderated
LendingTree, Inc.
6701 Carmel Rd., Ste. 205
Charlotte, NC 28226

Phone: 704-541-5351
Fax: 704-541-1824
lendingtree.com

LendingTree has set down roots on the Internet
amid a forest of other online loan operations.
The company, which bills itself as a loan market,
lets consumers complete one loan application
that is shopped around to multiple lenders.
(Among the 90 or so participants are such
major lenders as BANK ONE, Citibank, and
Chase Manhattan.) Customers select the
lenders that offer the most favorable terms for
their mortgages, credit cards, or home equity,
auto, or personal loans. The service is free to
consumers but LendingTree charges lenders
transaction fees upon transmitting the loan
application and again when the loan is closed. It
also licenses its proprietary close software to
competing loan markets.

Top Competitors
Countrywide Credit | E-Loan | Intuit

IPO Information
Filing Date: Dec 1, 1999
Expected IPO Date: Feb 14, 2000

Proposed offer price: $10.00 to $12.00

Shares offered (mil.): 3.65
Offering amount (mil.): $40.1
Post-offering shares (mil.): 17.16

Underwriters:
Merrill Lynch & Co.; Lehman Brothers;
Prudential Securities Incorporated; Wit Capital
Corporation
 Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):
 Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):