To: Postman who wrote (216 ) 4/28/1998 8:52:00 PM From: AGORA Respond to of 974
Good evening to you all. After weeks of trickling volumes and a drop in price on weak volume to 1.00, Valu-net (A.VNE) has now traded over 850,000 shares in the last 2 days. In response to the many inquiries put to us by subscribers, we were in to see VNE this afternoon and have the following to report: VNE has advised they are in the midst of preparing the launch of a new Internet commerce program which will integrate Internet Service Providers (ISP's), business and consumers. In launching this initiative, VNE has solicited the services of large advertising agencies and is being supported by a major technology company. VNE could not be more specific but we have been told that information is forthcoming. Secondly, without providing us with specifics, the company advises us that a series of brokerage firms have become supporters of the stock after completion of due diligence to their satisfaction. One of these firms was instrumental in facilitating a cross of a large block of stock on Monday. Thirdly, management has indicated their intention to grow through Valu-net through internal initiatives, as well as, through acquisition. Once again, with respect to the latter, the company could not be specific but they have advised that discussions are taking place with respect to potential candidates. Conclusion: A large block cross at lower levels is widely accepted as a strong technical indication that a company is planning to become active. This seems to be especially true in the case of Valu-net that has been quiet with respect to information as of late, despite having signed many significant agreements over the last 5 months. If you have any doubt in e-commerce/Internet stocks, consider the following excerpt from a leading news story today: " money managers desperate to catch up to the bellwether index have got to scramble to increase their tech weightings. And many will conclude that the best way to do it is to swallow their pride and yell Yahoo! (YHOO), America Online (AOL) or Excite (XCIT) at their trading desks. This certainly happened last year to some extent, though the net stocks started from a much smaller base. From Jan. 1, 1997, to the H&Q conference, for instance, shares of leading Web-content company Yahoo! were up 79%; they then soared 217% over the rest of the year. AOL stock did the same, with a 34% gain going into the conference and a 112% jump over the rest of the year. Yahoo! is up about 70% this year through Friday, and despite its consolidation of the past week, few growth investors think it or the other Internet stocks will roll over any time soon." AND "Yahoo! is our window into the media of the 2000s," said Roxanne Googin, a top technology analyst who has spent the past year predicting the demise of most PC hardware companies and a shift in funds to telecommunications and Web stocks." Over the last 5 months, VNE has entered into agreements with many entities including Wayne Gretzky, AOL and the Canadian NHL Olympic Hockey Team. For more information on Valu-net Corporation, please visitvncorp.com For more information on Valu-net's Hockey Program, please visitvnhockey.com Regards, Agora Internet Relations Corp. DISCLOSURE STATEMENT AGORA INTERNET RELATIONS CORP. receives a monthly monetary fee from Valu-net Corporation. for the purposes of communicating with Internet shareholders - both current and prospective - to increase awareness of and interest in Valu-net Corporation. AGORA INTERNET RELATIONS CORP activities are aimed purely at keeping their clients' shareholders and prospective shareholders informed about their company. These activities consist of providing investors with previously disclosed factual information concerning the company, comments from company principals, copies of material that has been filed with regulatory authorities, comments prepared by registered brokers or investment dealers and material published in newspapers, magazines or journals. AGORA INTERNET RELATIONS CORP does not participate in the maintenance of an orderly market in their client's securities, nor is required, or receives an incentive for, the maintenance or achievement of a price or trading volume for their client's securities at a certain level, for a specified period of time or by a certain date. AGORA INTERNET RELATIONS CORP. may, at any time, own shares in the company.