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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: Steve Kirk who wrote (647)2/7/1999 4:51:00 PM
From: Ian@SI  Read Replies (2) of 974
 
Steve,

Is your opinion that ..." this company has a lot of upward potential" ... based upon Technical Analysis only?

Or do you look at any fundamentals whatsoever? If so, what?

For example, I still haven't seen anything from Agora or VNE that indicates that VNE will get a revenue stream of any nature, let alone enough to cover existing debts.

Nor have I seen anything that would cause me to believe that VNE might be successful in competing against the BCE empire - whether it be last week's press release with the real Chartered Banks plus CT with BCE Emergis or last December's announcement of a contract from CIBC / INTRIA with Natco, now known as Bell Nexxia.

Is there any fundamental reason for VNE to be trading at more than a few ¢?

Ian.
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