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Gold/Mining/Energy : WV-VSE WAVVE.COM -- Ignore unavailable to you. Want to Upgrade?

To: Lynx who wrote (55)	12/3/1999 11:09:00 PM
From: Postman	Respond to of 169

Lynx-Will keep an eye on BVG. It looks like the market in general is recognizing the potential of Wavve. The I.R. company in New Jersey is well established and has been telling the story and setting up meetings for the CEO. It seems like almost every company out there is moving on to the internet and needs eBusiness solutions, so the market is growing so fast there is a huge demand for these services. According to I.R., Mr. Ingrahams team used to manage 75% of the worlds Internet traffic at MCI so they definitely have the credentials! This is from an article about Bob Ingraham: - "Worldcom asked Ingraham and his 30-member team ("we were like this rogue unit with no managers") to build out 53 cities with Internet service hubs. The company committed $100 million to the project. "I was shocked. I was stunned," he recalls. But after building out 12 cities, Ingraham was asked to help figure out technical difficulties arising from overloaded Internet backbone switching hubs, which were about to collapse due to their increasing loads. In June last year, when MCI merged with Worldcom, the company asked Ingraham and his Internet team to move to Dallas. But the crew, having put family and roots down in Sacramento, decided they wanted to stay. In an effort to stay put, Ingraham presented MCI Worldcom with his plan for an Internet business in second-tier markets. They turned him down, so he and his core unit left the company and set out to look for venture capital." (Full article) amcity.com

To: Lynx who wrote (55)	12/4/1999 1:15:00 PM
From: Claude Cormier	Read Replies (2) \| Respond to of 169

<< I picked up some more of BVG with the value spread way out of proportion. To me BVG doesn't even have full value for its gold mine let alone its 10+ mil. shares of WV. >> I am not sure how you can conclude this. BVG is certainly a very promising speculation to own if WV continue to move upward. But I wouldn't say that it is not valued properly here.. You may know that BVG has a large debt and this alone offset the value of its investment in WV and more. You must also understand that we are in a High Teck/Internet bubble where all stocks are grossly overvalued. What if the bubble burst in the coming months...? Of course, if this thing continue for all of 2000 you might well see WV at $10.... but this will not mean that WV and BVG will represent value. IMO, we live in very dangerous time. If I buy BVG it will be because the Tomi mine can support current stock price, something which is not obvious to me now...