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

To: nicholasparis who wrote (716)	2/14/1999 1:26:00 PM
From: Ian@SI	Read Replies (1) \| Respond to of 974

N, Throw 2 darts at the financial pages and you can get your own 2 examples of "similar stage companies that are a better buy on a relative value basis. To be absolutely explicit, there is no evidence that VNE has any intrinsic value. Anything else is a much better buy on a relative value basis. Thanks for all the concern re NN. However, it's not relevant to me. I established a "toe-wetting" position about a year ago at a much lower price than NN is currently trading at. Whether it goes up or down really doesn't matter as much to me as it seems to matter to some of the VNE bulls here. ;-) Kind regards, <vbg> Ian.

To: nicholasparis who wrote (716)	2/14/1999 9:28:00 PM
From: David in Ontario	Read Replies (1) \| Respond to of 974

Request for an update of June 15 1998 "Report to Shareholders and Industry" Given that VNE has moved well ahead since this report was published I believe that it would be timely for an update in the near future: vncorp.com In response to nicholasapris's reference to ”hundreds of better financed, better skilled, more advanced eCommerce ventures already publicly traded than VNE” taken from one of Ian Stromberg's posts I just direct you to the following taken from the above link: Microsoft Canada Inc.: Valu-net is recognized by Microsoft Canada, at the Director's level, as the leading developer of Electronic Commerce platforms in Canada. This connection offers Valu-net leveraged opportunities for increasing revenue and exposure. America On-Line: Valu-net and AOL Canada has entered into an agreement whereby AOL will promote and market Valu-net products and services to its 110,000 member households in Canada and to 11 million members worldwide. This agreement provides long term business and revenue opportunities for Valu-net and its clients. To be sure – there is competition in the e-commerce market niche, but VNE/eMerge Alliance can well become a dominant player given its aggressive business strategy, partnerships, track record and an e-commerce infrastructure that is in place and working, and most important of all – has clients already onboard. I am hedging my investment strategy in this sector by also investing in the e-commerce infrastructure suppliers: CSCO, LU, DELL, MSFT, WCOM, INTC, AMAT…(also known as the “Levi's strategy”) I welcome David Lucatch's offer to answer investor questions directly (rather than just the "Please contact IR" response. I look forward to a summary of his responses that I assume AGORA will post to this thread. I have already submitted my questions. And so to the sorry tale of “Ian Stromberg - the unfortunate NN bull” – egg on his face yet again. "The chart on Newbridge shows clear signs of distribution over the past 4 weeks. I think people new in advance there was another cock-up coming down the pipe......R" Message 7827541 If so, how could our knowledgeable (sic) NN bull have missed it and not seen what was there for all to infer? What inferences can be drawn for a poster who has continually hyped the virtues of NN here on the VNE thread and who claims to be more knowledgeable and far better versed in the art of investing than we poor lowly souls. It is just another sad case of someone who was educated beyond their intelligence and who freely bullies others. He has been called “childish and arrogant” on the NN thread, but he just brushes off such remarks as “attacks”. Given his continued hyping of NN on this thread it is more than likely that he is up to his neck in the stock – but would never admit to it – and is more than likely looking at large paper - or realized - losses come the open on Tuesday when NN will begin its implosion. One who cannot admit the truth – even to themselves – about their boorish ways is a fool. My sympathy is extended to his family and friends :( David