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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: donkeyman who wrote (595)	2/3/1999 6:53:00 PM
From: ZEUS	Read Replies (1) of 974

To All, I spoke to 2 brokers late this afternoon, one from Merrill Lynch and the other from First Marathon. It seems that the shorts took us for a ride today and once they started, they had a domino affect. Truthfully, I had an inclination to buy more at $1.80 but I didn't. Both brokers stated to me that this will prove positive because it has shaken out a lot of people. The broker from Merrill Lynch did speak to the President today and everything is on track. According to the broker, the company is forging ahead and the president didn't seem overly concerned with today's market activity. My guess today was that a great many people got spooked and ran for the doors. Everyone is entitled to do as they wish. ZEUS

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