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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: FMK who wrote (12989)7/9/1999 11:19:00 AM
From: Larry Brubaker  Read Replies (1) of 27311
 
Fred, I constantly revise my assessment of VLNC. The recent favorable press and the "orders" from their JV partners led me to erroneously conclude that they were close to being able to mass produce their products. With the new filings that came out last week, I found out that I was mistaken.

I've found the SEC filings to be the most accurate source of information. In the conference calls, Lev has been touting the quality of the battery, but providing few specifics about when they will actually be able to sell it, since he rejoined the company. Their PR's are misleading, IMO (remember the "on the cusp" remark almost a year ago)? Your inside sources have been predicting contracts for years.

Yes, I've changed my opinion. I reserve the right to change it again.
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