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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: MGV who wrote (5409)11/23/1998 10:03:00 AM
From: nealm   of 27311
 
Ultimately Bert Roberts, Darkgreen, nealm, and everyone else has a fiduciary responsibility to THEMSELVES. When gauging someone else's actions, I always assume they are acting to insure their own interests are paramount.

VLNC makes NO profits! So why get hung up on the b/s, other than to discuss financing? The questions are will they make money in future, will their financing run out before then, and if not will it materially effect future earnings? This thread has been very useful in addressing those questions. Everything else is useless.

I only have a small percentage of my money in VLNC. I prefer Nasdaq 100 companies, and gold/platinum. But VLNC is my speculative pick.

Neal
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