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To: changedmyname who wrote (12912)6/29/1999 11:11:00 AM
From: SgtPepper  Respond to of 13776
 
VLDC news - looks ready for a major breakout?
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V(COMTEX) B: Virtuallender.com, Inc. Completes Audit
B: Virtuallender.com, Inc. Completes Audit

SAN MATEO, Calif., Jun 29, 1999 (BUSINESS WIRE via COMTEX) --
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 allother 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.



Copyright (C) 1999 Business Wire. All rights reserved.
-0-
CONTACT: Virtuallender.com, Inc.
Carol Pizzo, 650/578-6380



To: changedmyname who wrote (12912)6/29/1999 11:15:00 AM
From: SgtPepper  Read Replies (1) | Respond to of 13776
 
I like this lineup. Next stop $6

____

OTC Bulletin Board

VLDC Domestic

Best Bid/Ask... 5.563 5.750 0 x 0

Bid Ask Bid x Ask Date Time Telephone# Indicators
________ ________ ___________ ________ ________ __________ __________
SPIN 5.563 7.500 5 x 5 06/29/99 11:09:22 3037412612 O F
NITE 5.500 5.813 5 x 5 06/29/99 11:07:55 8002323684 O F
SHRP 4.813 6.000 5 x 5 06/29/99 11:06:36 O F
PGON 5.250 6.250 5 x 5 06/29/99 10:56:37 O F
BACH 5.375 6.000 5 x 5 06/29/99 10:56:29 8003778723 O F
NATC 5.000 6.000 5 x 5 06/29/99 10:55:21 O F
NRTH 5.500 6.500 5 x 5 06/29/99 10:52:34 4159771515 O F
ALEX 5.125 8.000 5 x 5 06/29/99 10:49:09 8004210258 O F
NAIB 5.750 0 x 5 06/29/99 10:47:08 8009526559 O F
USCT 5.438 6.063 5 x 5 06/29/99 10:36:27 9549894377 O F
SHWD 5.375 5.875 5 x 5 06/29/99 10:14:30 2122947777 O F
FAHN 5.375 6.250 5 x 5 06/29/99 10:13:12 2124227813 O F
HRZG 5.375 6.438 5 x 5 06/29/99 10:10:29 8002213600 O F
HILL 4.000 6.000 5 x 5 06/29/99 10:07:25 O F