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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: golden_tee who wrote (25067)12/14/2001 8:11:33 PM
From: MGV   of 27311
 
I see you haven't absorbed this yet. Keep trying.

VLNC has been an unmitigated disaster and the people who directly or indirectly supported the outrageous and egregious cheerleading and wild forecasts should be ashamed and embarrassed but probably are not. You all know who they are. They are the very ones that launched vicious personal attacks at a very few who challenged their representations and made recommendations to pay heed to the 10K and 10Q information that contravened their positions(to be charitable). The sheer magnitude of error in their representations must raise questions about their intent. Were they merely very poor thinkers, did they have a self-serving agenda, or a combination thereof. They were not merely wrong, their representations consistently failed and their numbers were off by direction and orders of magnitude.
The representations were irresponsible at best. Those who made the representations have disappeared. They have not even attempted to explain how the sources of their information and the assumptions and judgements they represented they derived from their information sources could have been so far off the mark.

As for MIKL, it was taken out at 3x what it sold for in 1997. It was a solid company with sound fundamentals and shareholders in it made money because the share price appreciated. Your undocumented representations of gains in VLNC, a stock that has continued to disappoint and whose share price reflects that disappointment, is not credible.
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