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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: Kimberly Lee who wrote (15492)9/13/1999 7:38:00 AM
From: Tom Allinder  Read Replies (2) of 108040
 
DD MDCM (Mortgage.com)
Shares: 41.5M O/S
Float: 7.1M
Price: 16 1/8 at close on Friday.

Mortgage.com does online mortgages etc through the web site at mortgage.com

The idea being: Mortgage.com combines Internet technology with its role as a mortgage banker to make mortgages easier, faster and cheaper for consumers to obtain -- and significantly more efficient for lenders, brokers, realtors and homebuilders to provide.

MDCM one of the recent IPOs that hasn't gone to the moon yet. Chart looks very good though.

Mortgage.com, Inc. More share stuff:
Common Stock $.01 Par, 8/99, 210M auth., 41,503,227 issd.
Insiders own 57%. Intuit Inc. owns 9%, Technology Crossover Ventures owns 13%.

No a rec to buy, please do your own DD.
I bought on Friday at the close based on technical analysis.

Tom
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