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Gold/Mining/Energy : Valu-Net Corp (VNE on ASE - was Faymar)

VNE 36.95

0.0%

Apr 1 5:00 PM EST

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To: AGORA who wrote (247)	7/2/1998 10:12:00 PM
From: Nabil Karam	Read Replies (1) of 974

"Valu-net has advised that, as of June 30, all secondary programs outside of ESP will be discontinued. As a result of the success of ESP, Valu-net has been forced to maximize their resources by reallocating them to their highest and best use - ESP. Specifically, this means all programs with respect to the Telco and Sports programs. To date, these programs have been very successful in proving the e-commerce model and providing both revenues and exposure for Valu-net. " Does that mean they abandoning the martin brodeur, wayne gretzky and doon cherry contracts. If the answer is yes, then let's laugh at the expression "these programs have been very successful". Now if the ESP fails like the previous contracts the stock price will move to 0.0005. Goood luck.

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