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Technology Stocks : VNWC - VIDEO NETWORK COMMS INC ( VNCI ) -- Ignore unavailable to you. Want to Upgrade?

To: StockDung who wrote (159)	5/16/2002 1:48:32 PM
From: corstrat	Read Replies (1) \| Respond to of 308

Craig, could be but in addition to the CDDD ride, it looks like NCDR went to over $30 a share before it tanked. Aside from Hamouth connection that you claim, it seems that both those companies have another thing in common. Pure development stage companies, no revenues. I wonder what he will do with a company that has revenues and 5 of the Fortune 500 companies and the US Government for clients. Hey, I'll take a chance on the toilet later. Right now I think I will splacs myself with some of the sweet toilet water :-) Any idea why both WEIN and NITE are bidding $3.00?

To: StockDung who wrote (159)	5/17/2002 9:30:42 AM
From: PartyTime	Read Replies (1) \| Respond to of 308

Well, it seems like ICGE, CMGI, WCOM and many others shared a similar fate to the Hammouth-related stocks you mentioned. Moreover, have Prudential, Lehman Brothers, Merrill-Lynch, Shearson, Morgan Stanley, et. al. been lily-white pure? And what of the hedge fund operator? An investor in VNWC since late August, I never heard of Rene Hammouth until he showed up around the beginning of the year. However, if the stocks to which he connects always go up, well, I certainly have no complaint. If such be the case, the savvy investor by the time of any serious decline, or tanking, if you will, would be holding free shares having doubled up or better, original dollars already recouped. Perhaps that's what the shorting is all about. Buy low, sell high; short down and cover; buy low again; sell high again; short down and cover again; on and on. Eventually, it gets to a point where the shares ultimately held are shares bought from profits only. Could this be what is happening?

To: StockDung who wrote (159)	5/17/2002 10:41:07 AM
From: corstrat	Read Replies (1) \| Respond to of 308

So Craig, do you think that anyone has told Bank One Equity Partners that this is just another Hamout Pump and Dump? If not, they might be doing them a favor by saving them $20 million. Bet you are glad you are not short this one. Not even a press release for the shorts to target. Is this a buy, sell or hold in your opinion?

To: StockDung who wrote (159)	5/17/2002 3:11:01 PM
From: who cares?	Read Replies (1) \| Respond to of 308

BUS 14:54 VNCI Announces Restructuring And Merger Business Editors PORTSMOUTH, N.H.--(BUSINESS WIRE)--May 17, 2002--Video Network Communications, Inc. (OTC BB: VNWCE, VNWWE) today announced that it had entered into a Stock Purchase Agreement with Moneyline Telerate Holdings, which is majority owned by One Equity Partners, the private equity arm of Bank One Corporation, and an Agreement and Plan of Merger with B2BVideo Network Corp. In connection with the merger agreement, B2BVideo became a wholly owned subsidiary of VNCI and B2B's shareholders were issued 3.0 million shares of VNCI common stock. Pursuant to the Stock Purchase Agreement, Moneyline purchased 25 million new shares of VNCI common stock at $0.60 per share, for a total investment of $15,000,000. In addition, Moneyline was issued warrants to purchase an additional 11.25 million shares of VNCI common stock at an exercise price of $0.60 per share, and was granted the right to appoint a majority of the directors of VNCI's board. Simultaneously, certain existing investors and new investors introduced to VNCI by EarlyBirdCapital, a NY-based private equity investment bank, invested a total of $11.1 million, purchasing new shares of VNCI common stock and converting certain outstanding loans to VNCI and B2BVideo into shares of VNCI common stock at $0.60 per share. Existing investors include Dalewood Associates, L.P., K.B. (C.I.) Nominees Limited, and new investors include Wheatley Partners and various affiliated funds. Following these transactions, VNCI has 48,604,432 shares of common stock outstanding. Moneyline owns 54% of VNCI's fully diluted capitalization. VNCI, B2BVideo Network and Moneyline also entered into a Strategic Alliance Agreement and certain technology license agreements pursuant to which VNCI and B2BVideo will license software and network processes and sell video equipment to Moneyline. Moneyline will be the exclusive distributor of VNCI's equipment to the financial services market. About Moneyline Telerate Holdings Moneyline Telerate is a leading global provider of integrated real-time information and transaction services to the capital markets. With the world's premier benchmark fixed-income content, IP based distribution platform and transaction systems, Moneyline Telerate provides financial services firms with cost-effective, flexible methods for using content to drive investment decisions and order flow across new and existing electronic channels. The firm, established in 1998, is headquartered in New York City. One Equity Partners, the New York-based private equity arm of Bank One Corporation, is the majority shareholder; other shareholders include Japan's QUICK Corp. For further information about Moneyline Telerate, please visit www.moneyline.com. -----------------------------====================------------------------------ Page 2 of 3 About Video Network Communications, Inc. Video Network Communications designs, develops and markets video distribution systems that provide full-motion, high-resolution video networking, enabling video broadcast distribution, retrieval of stored video-on-demand and interpersonal video communications. VNCI's patented technology allows the VNCI Video System to use the active telephone wiring to bring TV-quality video anywhere there is a phone jack. The Company's ISDN/IP and Universal (ATM) Gateway solutions extend the system's reach from enterprise desktops out to the wide-area-networks (WANs). VNCI can be found at www.vnci.net. About B2BVideo Network, Inc. B2BVideo is a Delaware corporation formed in December 1999 to deliver to business users managed enterprise video services and is the first company to deliver broadcast-quality video over an IP Multicast network for delivery to the desktop. IP Multicast enables B2BVideo to provide multiple streams of high quality video to thousands of points on the network. B2BVideo offers products and services that enable businesses to integrate all of their video applications onto a single platform for delivery of broadcast quality video to the desktop. B2BVideo customers can: (1) distribute their own programming to employees, clients and other audiences over Private Video Networks (PVNs), (2) access a wide range of business programming (i.e. television programs, training videos, industry conferences, etc.), and (3) conduct video calls and videoconferences. Statements about future results made in this release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations and the current economic environment. We caution that these statements are not guarantees of future performance. Actual results may differ materially from those expressed or implied in the forward-looking statements. --30--jtp/ny* CONTACT: Golin/Harris International Mark Rozeen, 212/309-0658 mrozeen@golinharris.com KEYWORD: NEW HAMPSHIRE INDUSTRY KEYWORD: BANKING COMPUTERS/ELECTRONICS SOURCE: VNCI