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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: Jan Johnstone who wrote (870)4/9/1999 9:13:00 AM
From: Ian@SI  Read Replies (1) of 974
 
jan,

This looks like a promising internet stock that is trying to carve out a niche.

Just what is that niche. Seems that its coding up some web sites for the emerge alliance. ...and never has it even implied that it might get paid any more than any of the thousands of other web site programming services. ... and never have I seen banks give companies that are near bankruptcy a break.

Seems like it has
good customers(e.g Citibank, IPC etc.),


VNE has always had good customers. Problem is that it has a consistent track record of non delivery and / or lawsuits against it by those same good customers. What ever might make you think it might be different this time?

and hopefully this will continue to grow.

"hopefully"!!!!! Usually, there needs to be some catalyst other than hope from a stock holder to make a company grow. Internet mania comes from companies that do IPOs. Internet mania seldom comes from companies with VNE's background.

Have fun, I'm off this board for the weekend.

But thanks to DinO's nastiness, I'll be around until the end of May now. He really isn't the sharpest knife in the drawer. :-)))
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