To: PHowe  who wrote (30 ) 3/14/1999 8:40:00 PM From: architect*     Read Replies (1)  | Respond to    of 70  
PHowe Nice to see your interest here.  Got busy last week and didn't have time to respond to your second question regarding valuation.  <Is everyone thinking $11, or will $6 represent success for most of you, them?> Here's some things  you might want to consider............. 1. There were probably some shareholders that sold into the $6 strength of Friday's news. 2.  I was not one of them.   3. In response to  your question regarding a successful valuation of SHAL, all eyes should be on SolutionNet at this time. 4. Two weeks ago,  SHAL was IMO a venture capital company with one unsuccessful SIPOD.  5. I took a long position in SHAL early last week because IMO   (a)    SHAL was  oversold  due in part to the  poor   performance of  Janus International, the first  “SIPOD.”   (b) the market had not fully added in the value of SolutionNet. (c)  I  added to my position on the markets  favorable response to the ORCL 3/12/99  news release.  6. If  the second SIPOD is also unsuccessful, all bets are off and we may have to stay in the “under $5” category at SI. 7. IMO the price break out indicates the market is now  focusing on SolutionNet and not  just SHAL + JNUS. 8. Don't know if there is anything official on the SolutionNet valuation, Sara Hallitex will hopefully be releasing information soon.  9. If  SoutionNet SIPOD opens at “X”  price and continues to trade in the offering range,  the market may  focus on simply the value added to the SHAL balance sheet, from the old trading range. Pick some price you like from the last two weeks and add Sara Hallitex's percentage of the new SIPOD  voila you have a value. 10. If the second SIPOD  demonstrates SHAL can bring a successful company  to the market, we may see SHAL valued at a premium over  simply the adding the Market capitalization from SolutionNet.  11.If SolutionNet's performance  is deemed very  successful, who knows,  we may even begin to “look forward”  to consider the (a) added value of  the future SIPOD's   (b) their yearly growth rate (c) debt ratios,  (d) cash  and things like .     12. ORCL  ‘s nomination of SolutionNet and its E-NET-Internet Banking software, the proprietary Internet Banking Gateway and Software Technology, for the coveted 1998 Internet Technology awards may help this one get off to a good start. 	Give  Garrett Krause a call  sometime,  I'm sure he would be happy to any answer any questions you have about the company.  Just my thoughts at this time,  hope this helps.  	 	Have a good week. 	John