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[2] SmallCaps Online Announces Investment Opinion on BLC Financial Services, Inc.


NEW YORK--(BUSINESS WIRE)--Dec. 1, 1999--

SmallCaps Online LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 Reiterates Buy Recommendation On BLC BLC Boston Library Consortium
BLC Bethany Lutheran College (Minnesota)
BLC Back Light Compensation (video cameras)
BLC Belo Corporation (stock symbol)
BLC Broadband Loop Carrier
 

Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
, Inc.; Comments On Recent Events

Visit SmallCaps Online's Web Site at www.SmallCapsOnline.com for

Detailed Report

SmallCaps Online LLC announced today that it has reiterated its BUY recommendation on BLC Financial Services, Inc. (AMEX AMEX

See: American Stock Exchange
: BCL BCL - The successor to Atlas Commercial Language.

["The Provisional BCL Manual", D. Hendry, U London 1966].
). The full text of this report can be accessed at SmallCaps Online's web site, at www.SmallCapsOnline.com. Excerpts from the report follow:

BLC Financial Services, Inc. ("BCL") has made several significant corporate announcements recently which we believe will result in significant growth in loan volume, revenue and earnings, many of which have been ignored by the investment community. Most importantly Adv. 1. most importantly - above and beyond all other consideration; "above all, you must be independent"
above all, most especially
, BCL has taken meaningful steps to increase its awareness on the Internet, and is beginning to generate loan application volume in a very cost-effective manner. First, the Company has entered into an alliance with LoanWise.com, a web-based loan origination The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 site which pre-screens loan applications over the Internet. BCL is the only SBA SBA
abbr.
Small Business Administration

Noun 1. SBA - an independent agency of the United States government that protects the interests of small businesses and ensures that they receive a fair share of government
 (Small Business Administration) lender featured on the LoanWise.com site; investors should note that LoanWise.com also powers other Internet-based lending sites including eLoan.com, Intuit and Quicken.com. We view this announcement, and the other announcements we discuss, as significant from an investment perspective. BCL is growing its very profitable government-guaranteed loan origination business and providing for expanded access to its loan services through its website, www.BLCLoans.com. We comment on these developments in more detail in our report. We reiterate our BUY rating on BCL with a 12-month price target range of $5 to $7 per share, and recommend purchase by investors tolerant of the risks associated with small-cap equity investments.

SmallCaps Online LLC is a registered investment advisor Registered Investment Advisor (RIA) is a designation obtainable in the United States by an individual who has registered with the U.S. Securities and Exchange Commission or state regulatory agency (where the primary business is situated or multiple States in some cases) in  focused on identifying emerging growth companies in the healthcare and information technology sectors that offer compelling investment opportunities over the long term. By providing comprehensive financial services, including corporate finance, M&A advisory, strategic partnering and communications consulting, the company positions itself to provide a fully integrated package of value-added services to emerging growth companies.

The information in this press release has been obtained from sources that SmallCaps Online LLC believes to be reliable, but the Company does not guarantee its accuracy or completeness. Neither the information nor any opinion expressed constitutes a solicitation by SmallCaps Online LLC for the purchase or sale of any securities. SmallCaps Online LLC and/or any of its affiliates has performed investment banking, consulting or other services for and may solicit investment banking, consulting or other business from, any company mentioned in this release. SmallCaps Online LLC or any of its affiliates or persons associated with SmallCaps Online LLC may at anytime be long or short any of the securities referred to herein and may make purchases or sales thereof while the Company's reports are in circulation or posted on the SmallCaps Online LLC web site at www.SmallCapsOnline.com. This material, or any portion thereof, may not be reproduced without prior permission from SmallCaps Online LLC. Copyright (c) 1999 by SmallCaps Online LLC. All rights reserved.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Dec 1, 1999
Words:512
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