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

To: Kimberly Lee who wrote (12116)	7/19/1999 2:59:00 PM
From: InOverMyHead	Respond to of 108040

Kim VALH going up!!! .121/.13 IOMH EDIT: .128/.139

To: Kimberly Lee who wrote (12116)	7/19/1999 3:03:00 PM
From: richard lionhearted	Read Replies (1) \| Respond to of 108040

KIM WHAT DO U THINK IS A GOOD ENTRY POINT FOR MFMI

To: Kimberly Lee who wrote (12116)	7/19/1999 3:31:00 PM
From: Ga Bard	Read Replies (1) \| Respond to of 108040

FSTW was a killer too and it is holding very nicely.

To: Kimberly Lee who wrote (12116)	7/20/1999 9:53:00 AM
From: gladman	Respond to of 108040

VLDC - our old friend making a move today +1 1/2 on news.... (COMTEX) B: VIRTUALLENDER.COM TO SPIN-OFF HOMESMART.COM SUBSIDIARY TO B: VIRTUALLENDER.COM TO SPIN-OFF HOMESMART.COM SUBSIDIARY TO SHAREHOLDERS JULY 23, 1999 SCHEDULED 'DIVIDEND' DATE SAN MATEO, Calif., Jul 20, 1999 /PRNewswire via COMTEX/ -- Virtuallender.com, Inc. (OTC Bulletin Board: VLDC) announced today that it will be spinning off its Homesmart.com subsidiary to its shareholders as a separate public company. The distribution will be one share of Homesmart.com for eachVirtuallender.com share owned. The company anticipates Homesmart.com to commence trading within the next several weeks. The "dividend" date is July 23 for shareholders of record. Virtuallender.com, Inc. will retain one million shares of Homesmart.com. In conjunction with this spin-off, Virtuallender.com, Inc. has canceled 7.5 million VLDC shares issued to Homesmart.com. Carol Pizzo, President of Virtuallender.com commented, "This spin-off is a win-win for everyone concerned. Virtuallender.com will continue to get thousands of mortgage leads and dominant placement on Homesmart.coms real estate portal. The company will get a significant increase in its book value due the cancellation of 7.5 million shares of VLDC and the addition of 1 million Homesmart.com shares on our balance sheet." Pizzo went on to say, "The shareholders of Virtuallender.com should not only have a stronger Virtuallender.com stock but will get to directly participate in the anticipated success of Homesmart.com." Virtuallender.com, Inc. benefits consumers by providing a faster, flexible and more complete online mortgage solution, avoiding the frustration, delays and costs of the traditional "bricks and mortar" mortgage business commonly used by consumers and Realtors. Among the company's current competitors are E-LOAN, Mortgage.com, Inc., Finet.com, Inc. and Rock Financial. Virtuallender.com, Inc. has established close ties with some of the nation's leading lenders such as GreenPoint Financial, 1st Security Crosslands, World, Dominion Resource/Saxon, PCFS and Downey Savings. For more information on Virtuallender.com, Inc. visit virtuallender.com. Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E 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. CONTACT: Carol Pizzo, President of Virtuallender.com, 650-578-6380, ext. 310. SOURCE Virtuallender.com, Inc. (C) 1999 PR Newswire. All rights reserved