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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: diablo who wrote (1791)12/22/1997 11:18:00 PM
From: I. N. Vester   of 27311
 
I can't believe this!!!!

So much for the rally - we may
be lucky if the stock doesn't go
to $2.

If anybody reaches Dave A. please
tell him that we are all now having
complete spaz attacks. This totally
destroys any credibility they might
have had about the Cal Reed resignation.

If they don't pull off some major IR
damage control starting immediately,
OR if they don't proceed on schedule
for full production and announce
some great contracts next month, they'd
better be prepared to face some investors
who will show up armed to the teeth
and looking for somebody to hold responsible!

Is there anybody on this board who can still
think everything we've been hearing from VLNC
has been true and in full good faith? If so,
please help me to understand why, I'm begging
you!

I have been buying in heavily and I'm devastated.
I can't think of a single good reason why Masuda
would do this with this timing, nor why the
company couldn't stop it, except for a very big
failure in NI.
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