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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: john t. brice who wrote (8822)3/3/1999 10:51:00 AM
From: John Curtis   of 27311
 
John: LITH?? Nah, I've stayed faaaaar away from THAT one, heh! I believe "Jac," in a post some time back in which she place a response to someone from the LITH thread who was posting here, just about summed up my view of them. Smelly, smelly, smelly; and she reference a certain stock detective website who had less than stellar commentary about their investigation of LITH. That LITH threadster then basically left "in a huff," if memory serves. Ahem!

Of course, this is not to say they're not a potential lith-poly battery production candidate, it's just that I've tended to have more negative experiences than positive ones whenever I've played with pennies, so I shy away from them. Why? Typically, d.d. data is hard to come by with 'em, 8 out of 10 times games are being played(and in the case of LITH I see they're currently trading at $0 19/32 x $0 41/64) by "sophisticated players" ruled by the invisible currents of self interest, and all sorts of other shenanigans play out where often you're the victim. Still, I keep them on the radar screen in the event they move beyond the realm of "partnerships/board participants" type of announcements into the world of production announcements.

Speaking of which I see VLNC's kind'a sort'a waddling around with a slight negative bias, and since its trendline has been broken and no material events have manifested themselves.....well, let's see if it can hold at ~$7, eh??

Regards!

John~
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