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Non-Tech : VVTV - VALUEVISION INTL INC -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (18)	1/5/1998 11:32:00 PM
From: E Newman	Read Replies (2) \| Respond to of 36

NO WAY will Value Vision shareholders agree to merge with NM we have over $3.00 cash per share and $139,000,000 in sahreholders equity. WE are not giving 45% of this away to a company that is losing $3.56 per share. Besides you dont want BOB & NICK ( CEO & COO) they have never brought any value to VVTV shareholders. And they have no idea how to turn a company profitable. Its all about Ego. If you look at the release you will see that they only mentioned about having 500MM in revenues what good is it having 500Mm in revenues if it take 600MM in make it ?? One lesson you can lean from VVTV, you can have all the money in the world but if the people on the top dont give a D about the shareholders they will never make moeny for them and the stock will only go down. value vision had millions of dollars of capital to work with but mangament only knew how to give them self big salaries. you dont want them. If NM wants vvtv let them pay for it, we are not giving it a way.