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Gold/Mining/Energy : Valu-Net Corp (VNE on ASE - was Faymar) -- Ignore unavailable to you. Want to Upgrade?

To: Mr. Fortune who wrote (461)	1/30/1999 3:29:00 PM
From: AGORA	Read Replies (2) \| Respond to of 974

GLOBE & MAIL REPORTS VNE/CITIBANK/INEX DEAL Bulletin # JAN99-20 ONCE YOU'VE READ THE HEADLINES, COME TO AGORA FOR THE NEWS Good afternoon to you all. The Saturday edition of The Globe & Mail (page B9) has reported that Valu-net (VNE.ASE) Citibank and Inex Corp. will announce an E-Commerce deal in their national press conference this Wednesday. Though we can not speculate any further, it goes without saying that a global E-Commerce alliance with one of the largest banks in the world now puts Valu-net into the upper levels of Canadian and International E-Commerce companies. Given the fact The Globe & Mail named Valu-net "one of Canada's most promising E-Commerce companies" in the summer of 1998, only adds more credibility to the progress of Valu-net. Valu-net closed the week at $2.65, up .60 on 1.3 Million shares. In light of The Globe & Mail report, we would expect continued large volume activity in VNE on Monday. AGORA also wishes to advise it's readers that we will be present at the Valu-net/Citibank/Inex national press conference on Wednesday and will be filing a report shortly thereafter. With respect to The AGORA Portfolio, we are pleased to report that we hold positions in VNE at $1.00, $1.10, $1.25 and $2.15. In light of this latest advance in the value of VNE stock, our portfolio wil now be able to improve on it's current 73.2% successful track record from Dec 1, 1997 to the present. We will be updating the portfolio shortly, due to our recent success on positions in America Online (AOL), Netscape Communications and Xoom.com. We are especially pleased with the fact our portfolio is able to capitalize on quality companies both large and small. In the meantime, to view The AGORA Portfolio, we have provided the following link. agoracorp.com That is all for now. Have a great weekend. Regards, AGORA

To: Mr. Fortune who wrote (461)	1/30/1999 6:56:00 PM
From: Curious Gamble	Read Replies (1) \| Respond to of 974

Mr. Fortune Where do you see this going in light of the Globe story The thing in the Ed Journal is nothing in the greater scheme of things. It basically says, "Gretzky and the NHLPA suing over pre-paid phone card-scheme." "Wayne Gretzky and the National Hockey League Players Association are suing a Calgary-based company over a hockey player phone-card scheme that allegedly went bust. According to the statement of claim filed in both Calgary and Ontario, Value-Net Corporation and its subsidiary, Value-Net Communications, owes more than $1 million US for the deal. The claim states hockey fans would buy the pre-paid phone cards, which featured the NHLPA player's photograph and signature. According to the claim, the cards cast the individual hockey stars as members of their respective teams or as members of the "98 Canadian Olympic team in Nagano, Japan. Value-Net was to pay Gretzky and 19 other players like Theo Fleury $10 for every phone-card they signed, plus additional amounts. Toronto Lawyer Larry Franschman, representing Value-Net Telecommunications, said his company will launch a counter claim." bi line Calgary Herald Southam Newspapers Even if successful this doesn't amount to a hill of beans in the overall scheme of things INMHO The big news report by the Globe is the controlling value here GJP