TheSUBWAY.com Announces Investment Opinion on PSINet Inc., Viatel, Inc., MarchFirst Inc., Webvan Group, Inc. and Far East Ventures Inc.Business Editors NOTE TO EDITORS: The following is an investment opinion issued by TheSUBWAY.com WESTON, Fla.--(BUSINESS WIRE)--Dec. 15, 2000 PSINet Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :PSIX PSIX Port State Information Exchange ), the Internet Super Carrier, recently announced that in response to customer demands for greater bandwidth, it has increased its network capacity with OC-192 circuit connections on the U.S. East Coast and entry points into Canada. A class action has been commenced in the United States District Court for the Eastern District of Virginia The United States District Court for the Eastern District of Virginia is one of two United States district courts serving the Commonwealth of Virginia. History During the 1960s, Judge Albert V. Bryan Jr. on behalf of all persons who purchased the common stock of PSINet, Inc. (NASDAQ:PSIX) between May 9, 2000 and November 2, 2000 pertaining per·tain intr.v. per·tained, per·tain·ing, per·tains 1. To have reference; relate: evidence that pertains to the accident. 2. to issues of material misrepresentation misrepresentation In law, any false or misleading expression of fact, usually with the intent to deceive or defraud. It most commonly occurs in insurance and real-estate contracts. False advertising may also constitute misrepresentation. . With recent news PSIX has shown that it accommodates its customers and it tends to shareholder interest but CRG CRG Centre for Research on Globalisation CRG Council for Responsible Genetics CRG Contingency Response Group CRG Citizens for Responsible Government CRG Corporate Renaissance Group CRG Columbia River Gorge CRG Consulting Resource Group CRG Columbia Resource Group feels that if it can't overcome this class action law suite it could take a heavy hit. Viatel, Inc. (NASDAQ:VYTL) is the "All Distance All Services" telecommunications provider. The Company provides local and long-distance, voice and data, bandwidth and Web-centric solutions to end-users, including corporations, ISPs, ASPs and other carriers in Western Europe Western Europe The countries of western Europe, especially those that are allied with the United States and Canada in the North Atlantic Treaty Organization (established 1949 and usually known as NATO). and North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . Viatel, Inc. announced in November that the installation and activation of its "Yellow Submarine" Trans-Atlantic system, a 3,700 mile long fiber-optic cable, was completed. The new system is the first of its kind and the first trans-Atlantic cable to be built and laid in over two years. Yellow Submarine links the Company's European networks, including its award-winning cross-border and metropolitan fiber-optic networks to its North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. network and facilities. VYTL has a market cap of 150 million and has a whopping 52 week high of $75.00, although it is trading close to its 52 week low CRG feels the company has plenty of potential. MarchFirst Inc, (NASDAQ:MRCH MRCH Initial Death Rate of Chapel Hill (Carolina Environmental Program) ) has been in desperate need of financing for the remainder of 2000, as well as needing additional financing for the beginning of 2001. MRCH has just announced that their financial needs have been met. Francisco Partners, a leading private equity firm focused on investments in technology companies, has signed a definitive agreement to invest $150 million in the Company in exchange for shares of preferred stock Stock shares that have preferential rights to dividends or to amounts distributable on liquidation, or to both, ahead of common shareholders. Preferred stock is given preference over common stock. Holders of preferred stock receive dividends at a fixed annual rate. . The stock shot up 17% yesterday on double the average volume on anticipation of survival, as spending in the dot com's have been hit hard over the past few months. Investors be careful as the mechanics of the transaction allow for Francisco to convert a percentage of their preferred stock to the common at any time for the price of $2 per share. Webvan Group, Inc. (NASDAQ:WBVN) is an Internet retailer that offers same-day delivery of consumer products through a proprietary business design that integrates the Company's Webstore, distribution center and delivery system. The Company's current product offerings are focused principally on food, non-prescription drug products and general merchandise including housewares house·wares pl.n. Cooking utensils, dishes, and other small articles used in a household, especially in the kitchen. , pet supplies and books. The stock has been beaten down from around $22.00 to its 52 week low where it is currently trading at the .50 range. There is much concern on the street for this company to be able to remain financed to keep its doors open. There have been numbers thrown around as high as $100 million to keep the doors open. Watch for a strong financing on the company, or stay away. Under Valued Selection: Far East Ventures, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :FEVI FEVI fracción de eyección ventricular izquierda (Spanish: Left Ventricular Ejection Fraction) FEVI Front End Volatility Index ), yesterday announced that it has entered into an equity participation agreement with Global Telemedia International (GLTI) wherein GLTI has acquired through a stock exchange agreement with FEVI an approximately 9% equity stake in FEVI. Yesterday the stock gained nearly 40% and traded over four million shares. This move came after FEVI and GLTI announced on December 5, 2000 an international joint venture to distribute the GLTI Bentley Tel smart e-Card. FEVI currently has approximately 50,000 retail locations through its wholesale distribution. The new Smart e-Card is a visa/mastercard/debit/international phone card/international fund transfer card and FEVI and GLTI are targeting the $6 billion dollar estimated global smart card market. With this kind of huge market potential and the recent developments CRG remains with its prior price target of $1.00 for FEVI in the short term. Far East Ventures Inc. (OTCBB:FEVI), through TheSubway.com CRG is planning an intense public relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most campaign to alert new experienced investors of this opportunity. "On Friday, financial markets will have to contend with a revenue warning from software king, Microsoft. The company unexpectedly announced after Thursday's close that revenue for the second quarter is now expected to be in the range of $6.4 to $6.5 billion, on earnings per share of between 46 to 47 cents" Stated Peter Antipatis. More is available at http://www.thesubway.com. About TheSubway.com TheSubway.com, a wholly owned online asset of Capital Research Group, Inc. (CRG) was developed solely for experienced, risk tolerant investors. Subscribers to TheSubway.com receive daily market commentary reports for select companies trading on various markets. Sophisticated investors are also able to receive for free, select, rare research reports and investor kits on up and coming emerging companies while they are still not widely known. About Capital Research Group Inc. Through TheSubway.com, Capital Research Group (CRG) introduces what in its opinion are undervalued companies to the investment community. Capital Research Group strives to locate companies with enormous growth potential. CRG is a full service public relations / Investor relations Investor relations The process by which the corporation communicates with its investors. firm. For more information about our products or services, please contact CRG at 954-217-9555 or visit us at http://www.thesubway.com. All material herein was prepared by Capital Research Group, Inc. (CRG) based upon information supplied by the company or other sources believed to be reliable. The information contained herein is not guaranteed by CRG to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. A company's actual results could differ materially from those described in any forward-looking statements or announcements discussed herein. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. CRG is not a licensed broker, broker dealer, market marker, investment banker Investment Banker A person representing a financial institution that is in the business of raising capital for corporations and municipalities. Notes: An investment banker may not accept deposits or make commercial loans. , investment advisor Investment Advisor 1. A person making investment recommendations in return for a flat fee or percentage of assets managed, known as a commission. 2. For mutual fund companies, it is the individual who has the day-to-day responsibility of investing and monitoring the cash and , analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on www.thesubway.com. CRG has been compensated by third party shareholders or with cash from the company on behalf of one or more of the companies mentioned in this opinion. (500,000 shares FEVI) CRG's affiliates, officers, directors and employees may also have bought or may buy the shares discussed in this opinion and may profit in the event those shares rise in value. CRG will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market. |
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