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Technology Stocks : Mortgage.com, Inc- (Nasdaq: MDCM) -- Ignore unavailable to you. Want to Upgrade?


To: kennbill who wrote (491)11/30/1999 11:42:00 PM
From: Dolfan  Respond to of 516
 
Hey alright. Wasn't that amazing how it dipped big time and then with a few trades back to the 10's. Is that manipulation or what! Letting shorts cover maybe?

We had some really big news today, and I think people may notice what potential this company has. Also the private placement for 50 million may be a lot easier now.
Good to see some action on this thread.

VONE down after hours, did you get out?

See Ya,
Mark



To: kennbill who wrote (491)12/3/1999 1:59:00 PM
From: Dolfan  Read Replies (2) | Respond to of 516
 
Another competitor doing IPO!

Charlotte, N.C.-based Lending Tree filed for a $30 million IPO with led underwriter Merrill Lynch.

LendingTree Web-based loan marketplace for consumers and lenders that operates with PriceLine (PCLN: news, msgs) and
others.

It collects consumer credit requests and compares them to underwriting criteria of more than 90 participating lenders in its
network for mortgages, home equity loans, automobile loans, credit cards, and personal loans.

Competitors include E-Loan (EELN: news, msgs), Mortgage.com (MDCM: news, msgs) and Microsoft's (MSFT: news, msgs)
HomeAdvisor, Creditland, and MortgageAuction.com.

The company rang up $2.3 million in revenue and a loss of $7.4 million in the third quarter vs. revenue of $1.1 million and a
loss of $4.5 million in the second quarter.