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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: Ian@SI who wrote (649)	2/7/1999 10:03:00 PM
From: Steve Kirk	Read Replies (1) of 974

Ian, I think everyone has seen that the high flyers among the internet stocks have climbed upon pure future speculation alone without any apparent basis in the present earnings of few if any of these companies. I base my belief in this stock having potential in that the stock simply has a good story for an emerging company at this price. In addition, the stock is heavily traded and is gaining exposure to more investors daily. This means more potential profits (and possible losses). I use T/A to identify stocks having the potential for immediate upward mobility. If the mobility appears to be there then I look at the fundamentals which would justify the term of the investment. At this time the T/A is what I depend upon to keep me in or out of the market, as time goes on the fundamentals will play an increasingly important role in this decision. cheers, Steve

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