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Affinity Technology Group, Inc (fka AFFI)
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AFFINITY TECHNOLOGY GROUP INC (AFFI)

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Last Post: 7/26/2011 10:24:16 AM - Followers: 0 - Board type: Free - Posts Today: 0

AFFI http://www.affi.net Affinity's technology enables financial institutions to link their branches, call centers, remote service units, Internet customers and indirect customers electronically to their credit policies, providing fully-automated lending - and, if necessary, connectivity to a loan officer - through every channel. For financial institutions, Affinity's solutions expedite loan decisioning and processing, increase the productivity and capacity of branch personnel, call center agents, loan officers and indirect lenders, and improve the overall customer experience. Affinity can: provide an electronic lending and financial account solution from initiation through fulfillment; integrate all steps; and deliver the product to customers through any remote channel with total parity. Contact Affinity via e-mail or call 803.758.2511. Affinity Announces Third Quarter Results THURSDAY, NOVEMBER 15, 2001 8:05 AM - BusinessWire Affinity Announces Third Quarter Results COLUMBIA, S.C., Nov 15, 2001 (BUSINESS WIRE) -- Affinity Technology Group, Inc. today announced financial results for the third quarter and nine months ended September 30, 2001. Revenues for the quarter were $1.1 million, with a net loss of $375 thousand, or 1(cent) per share. For the comparable period in 2000, revenues were $446 thousand and the Company reported a net loss of $1.6 million, or 5(cent) per share. The weighted average number of shares outstanding during the three months ended September 30, 2001 was 40.2 million, compared to 30.5 million for the same period in 2000. Revenues for the nine months ended September 30, 2001 were $3.0 million and the Company's net loss was $1.8 million, or 5(cent) per share. In the comparable nine month period in 2000 revenues were $1.5 million and the net loss was $4.9 million, or 16(cent) per share. The weighted average number of shares outstanding during the nine months ended September 30, 2001 was 37.3 million, compared to 30.1 million for the same period in 2000. Joe Boyle, Affinity's President and Chief Executive Officer, stated, "Our third quarter financial results showed improvement over the corresponding period in 2000. The current low interest rate environment has greatly contributed to an increase in mortgage processing revenue. The overall improvement in our financial results was also helped by our continued focus on reducing our cost structure. During the remainder of the year we will continue to focus on expense control and improving our working capital position by attempting to take advantage of the favorable interest rate environment to generate additional mortgage processing revenues." Affinity's technology enables financial institutions to link their branches, call centers, internet customers, and indirect agents electronically to their credit departments, providing fully automated lending - and, if necessary, connectivity to a loan officer - through every channel. For financial institutions, Affinity's solutions expedite loan decisioning and processing and increase productivity and capacity of branch personnel, call center agents, loan officers, and indirect agents, while improving the overall customer experience. Affinity is located on the World Wide Web at . Forward-looking statements in this news release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that these statements involve several risks and uncertainties that may cause actual results to differ materially from those projected. Copyright (C) 2001 Business Wire. All rights reserved.
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#21   some lucky trader getting loaded here cheap..nice job SHEEPWOLF 07/26/11 10:24:15 AM
#20   just needs a little volume and then BOOM, SHEEPWOLF 07/26/11 10:09:29 AM
#19   Shake is over, only 30k at .0145! ChangeDirector 07/26/11 10:07:07 AM
#18   looks about ready to go, shake about done...profit SHEEPWOLF 07/26/11 10:02:03 AM
#17   AFFI: when MMs get through shaking out weak SHEEPWOLF 07/26/11 09:58:19 AM
#16   http://investorshub.advfn.com/boards/board.aspx?board_id=14799 stervc 07/26/11 09:56:13 AM
#15   MMs doing a little early shake and then SHEEPWOLF 07/26/11 09:45:53 AM
#14   AFFI--->LETS ROCK TODAY!!! BOOYA onetimepleasegoupppp 07/26/11 07:34:29 AM
#13   AFFI NEWS- Court Decision --> tmcc 05/08/08 02:22:23 AM
#12   What's the latest? clydesur 02/04/08 01:41:30 PM
#11   Just caught this...many thanks, albacora. eom. gbreez 07/19/06 03:19:54 PM
#10   gbreez. This pr was issued tuesday. The reason albacora 07/13/06 07:44:50 PM
#9   Whatis going on with AFFI today!!! Up with gbreez 07/12/06 09:58:27 AM
#8   Up today lonnie 04/06/06 12:55:42 PM
#7   this has been on the move lonnie 04/03/06 08:39:04 PM
#6   This one is definately moving. GotOptions? 03/31/06 01:16:57 PM
#5   Nice little jump this morning. Argyll 03/31/06 09:33:46 AM
#4   bigcharts.marketwatch.com/javachart/javachart.asp?symb=CESY cracker812 11/22/04 07:46:59 PM
#3   ( AFFI ) - January 19, 2004 19:43 SkeBallLarry 01/20/04 05:42:39 AM
#2   GOOD VOLUME TODAY!!! smpathy4dadevil 11/20/01 07:12:42 PM
#1   Affinity Technology Group Enters Into an Agreement to smpathy4dadevil 11/17/01 03:18:19 PM
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