Anderson Computers/Tidalwave (ACPT) : Internet Play Message Board

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Microcap & Penny Stocks : Anderson Computers/Tidalwave (ACPT) : Internet Play

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To: marketmaven who wrote (59)	6/15/1999 10:04:00 AM
From: marketmaven	Read Replies (1) of 81

Anderson in Negotiations for Additional Mortgage Related Acquisition FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--June 15, 1999--Anderson Computers / Tidalwave (OTC BB:ACPTE) announced today that the Company is in negotiations to acquire an additional mortgage related company. Anderson expects to sign a formal letter of intent within the next four weeks. ACPTE is looking to continue its growth through additional internet and online mortgage related acquisitions. ''We expect the mortgage business online to explode at a rapid pace like the stock brokerage business has grown,'' commented Leon Kline, President of Anderson Computers. Analyst predictions indicate that mortgage loans over the internet will soar to about $250 billion within the next five years. Potential homeowners and mortgage shoppers will be able to apply online and have e*approval within seconds knowing the current mortgage rates fees and programs. ''Our strategy is to grow through acquisitions of both Internet and non-internet businesses,'' stated Kline. Safe Harbor for Forward-Looking Statements: Except for historical information contained herein, the statements in this Press Release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in the future periods to differ materially from forecasted results. -------------------------------------------------------------------------------- Contact: ANDERSON COMPUTERS INVESTOR RELATIONS, 954/255-6753

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