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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: Michael M. Cubrilo who wrote (625)2/4/1999 5:35:00 PM
From: nicholasparis  Read Replies (1) of 974
 
In hindsight looks like all us pro-vne people were a bit too optimistic. The stock went up far and fast and it didn't help that no there was zero media coverage today, but that is typically Canadian. I was at the press conference and I can confirm that it was packed and well received. If anything, Citibank was the biggest booster of the deal. Also a detailed look at the alliance reveals that VNE is a critical lynchpin of the alliance. I'm told that there may be some info forthcoming as to eMerge customers and clients. Luckily there has been reasonable volume, meaning that the weak hands are getting taken out.
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