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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 (538)2/2/1999 10:58:00 AM
From: cash money  Read Replies (1) | Respond to of 974
 
Tough call!! The sell off continues on the NAS but we are holding steady. Hopefully we stay stable and rise near the end of the day. News is out tomorrow so I think we'll finish higher. Tomorrow hopefully there is big buying again on the NAS and a good news release for us.
Best of luck Cash Money



To: Mr. Fortune who wrote (538)2/2/1999 1:29:00 PM
From: AGORA  Read Replies (1) | Respond to of 974
 
Mr. Fortune, seems like you hold the "hot hand" here, so we'll all leave this job to you :-)))

On a serious note, we don't like to predict daily movements. We prefer to study fundamentals and make sure they are still intact. VNE is a classic example, as we hold positions at $1.00, $1.10, $1.25 and $2.15. You can view these at:

agoracorp.com

As far as we are concerned, VNE fundamentals are not only intact, they are progressing forward. Remember, The Globe & Mail named VNE "one of Canada's most promising E-Commerce companies" this past summer. Given the Globe's information this past Saturday that VNE is poised to announce a deal with Citibank, it would now appear VNE is ready for an upgrade to "one of Canada's most prominent E-Commerce companies."

In that same article, the Globe gave this distinction to Impact Immedia (now BCE Emergis) and look where they are now.

This may not be a prediction regarding end of the day closing price but we do feel confident in the end of the week/month/year price of VNE.

Have a great day and keep up the good work.

Regards,
AGORA
agoracorp.com