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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: cabernetfranck who wrote (10048)6/29/1999 9:01:00 AM
From: Kirt F.  Read Replies (1) | Respond to of 108040
 
Cool. We all now how well I can interpret news releases, but this seems to be a fairly positive staement to me..

The joint venture expects to license over 50 casino websites within the next six months generating in excess of $10M in total revenues and over $1M to Omicron.

Kirt



To: cabernetfranck who wrote (10048)6/29/1999 9:04:00 AM
From: Kirt F.  Respond to of 108040
 
VLDC news...

Virtuallender.com, Inc. Completes Audit



Business Editors/High-Tech Writers

SAN MATEO, Calif.--(BUSINESS WIRE)--June 29, 1999--
Virtuallender.com, Inc. (OTC BB:VLDC), an on-line mortgage
banker/direct lender, announced today that the company has completed
the audit of its financial statements for the period ended May 31,
1999.
Carol Pizzo, president and CEO of Virtuallender.com, Inc.,
stated, "The completion of our audit is the next step for becoming a
fully-reporting company with the SEC and applying for a NASDAQ
listing. In addition, it will also allow us to increase our warehouse
lines of credit for our continued growth."
Virtuallender.com, Inc. benefits consumers by providing a faster,
flexible, more complete online mortgage solution, avoiding the
frustration, delays and cost of the traditional mortgage process
inherent with the traditional "bricks and mortar" mortgage business
commonly used by consumers and Realtors. Among the company's current
competitors are E-LOAN (Nasdaq:EELN), mortgage.com, Inc., Finet.com,
Inc. (Nasdaq:FNCM), and Rock Financial (Nasdaq:RCCK).
The company recently signed an advertising agreement with
HomeSeekers.com, Inc. (OTC BB:HMSK) and FreeRealTime.com (OTC
BB:FRTI), and will be a featured Northern California lender on
theHomeseeker.com web site.
Virtuallender.com, Inc. has established close ties with some of
the nation's leading lenders such as Headlands (Nasdaq:HDLD), 1st
Security Crosslands (Nasdaq:FFCO), World (NYSE:GDW), Dominion
Resource/Saxon (NYSE:D), PCFS (NYSE:PFGI), and Downey Savings
(NYSE:DSL).
According to estimates by James Marks, Deutsche Bank Securities
Analyst, the online mortgage industry is set for explosive growth,
with projections topping $60 billion by the year 2000.
For more information on Virtuallender.com, Inc. visit
virtuallender.com.

NOTE: Statements regarding financial matters in this press
release other than historical facts are "forward-looking statements"
within the meaning of section 27 A of the Securities Act of 1933,
Section 21 E of the Securities Exchange Act of 1934, and as that term
is defined in the Private Securities Litigation Reform Act of 1995.
The company intends that such statements about the company's future
expectations, including future revenues and earnings, and all other
forward-looking statements be subject to the safe harbors created
thereby. Since these statements (future operational results and sales)
involve risks and uncertainties and are subject to change at any time,
the company's actual results may differ materially from expected
results.



To: cabernetfranck who wrote (10048)6/29/1999 9:09:00 AM
From: Jim B  Respond to of 108040
 
wow... joint venture with OGPS..

10million in revenues.. new online casino website opening shortly..

sounds like a winner to me... anyone remember the beginnings of SNMM?? doesn't this sound familiar..

only thing it's lacking is some PR in a magazine or article on walstreet...

I'm accumulating like crazy on dips; looking forward to the rest of their news later this week.. I'll bet they dish out quite a bit of news over the next few weeks in preparation of their casino launching

jim