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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: Know Genius who wrote (479)	1/31/1999 2:35:00 PM
From: nicholasparis	Read Replies (2) of 974

Friday's action was reported in The Globe and Mail on page B9: "Valu-Net jumped to a 52 week high after the Markham, Ont. based company said it will announce Wednesday the details of an electronic commerce alliance with Citibank and Toronto-based Inex Corp. Although Valu-Net offered no other details, trading volume rose to more than 1.3 million shares making it one of the most active in Canada." I believe that Inex is an e-commerce software developer and is partially owned by Compaq and has other alliances with major firms.

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