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Gold/Mining/Energy : Valu-Net Corp (VNE on ASE - was Faymar)
VNE 36.950.0%Apr 1 5:00 PM EST
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To: nicholasparis who wrote (716)2/14/1999 1:26:00 PM
From: Ian@SI  Read Replies (1) of 974
 
N,

Throw 2 darts at the financial pages and you can get your own 2 examples of "similar stage companies that are a better buy on a relative value basis.

To be absolutely explicit, there is no evidence that VNE has any intrinsic value. Anything else is a much better buy on a relative value basis.

Thanks for all the concern re NN. However, it's not relevant to me. I established a "toe-wetting" position about a year ago at a much lower price than NN is currently trading at. Whether it goes up or down really doesn't matter as much to me as it seems to matter to some of the VNE bulls here. ;-)

Kind regards, <vbg>
Ian.
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