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Technology Stocks : First Virtual Holdings (FVHI): Internet bottom fishing? -- Ignore unavailable to you. Want to Upgrade?

To: Dr. Frank Antwerpes who wrote (38)	6/30/1998 12:27:00 PM
From: Lazlo Pierce	Read Replies (1) \| Respond to of 87

Well ETrade bought a $.5Million worth of this @.60 and it was disclosed in the 10-Q. I think thats the reason for this rise. Kickin myself now for dumping ~1.00. <<08:53 ET First Virtual Holdings (FVHI) 2 25/32: Stock gained one full point yesterday after company closed the previously announced investment in the company by SOFTBANK Holdings and SOFTBANK Technology Ventures. In a subsequent transaction, ETrade Group. purchased from SOFTBANK 833,333 shares of the company's common stock at a total purchase price of $500,000, or $0.60 per share. FVHI is a provider of advanced messaging systems for Internet commerce. FVHI shares bid at 2 15/16 this morning.>> (briefing.com) Dave

To: Dr. Frank Antwerpes who wrote (38)	6/30/1998 10:26:00 PM
From: Jonathan Brown	Read Replies (1) \| Respond to of 87

Frank, I'm sidelined for now. I'm pleased with the bottom fishing expedition, though amused. As noted, a majority holding of FVHI was sold for $0.60, which naturally caused the stock to go to--$3.12! So far FVHI is an echt Net stock: not only no earnings and no profit but no product to boot! Am I mistaken, or has the company logged a contract for its email-ecommerce solution? Last I heard, which admittedly was a month or so ago, it had not. These are interesting times--but I guess that's the oldest saying there is. Best of luck to all, Fisherman Jon