VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Pallisard who wrote (13174)	7/17/1999 4:38:00 PM
From: Larry Brubaker	Read Replies (3) of 27311

Don't give me that patronizing crap, Pallisard. The discussion that Daddy Warbucks sold was a tenet of a larger theory that we are unlikely to see any large fixed-price investments, but rather continued dribbling out at small investments at a discount. This was an entirely new hypothesis posited here, not the 6th reiteration of the same thing. If you guys weren't so in love with your stock, you would be thanking me for posting here, because my hypotheses have had a far better track record than the endless mantra of inside sources on this thread. Of course that is not surprising, since my hypotheses are based on my interpretation of the facts, not the rose-colored b.s. that is posted on this thread. The fact is, you guys have been wrong over and over again. You guys have been saying since February that VLNC would raise a ton of money at higher prices. What we've actually seen is they raised a little money at lower prices. Far less money than they need to eliminate their working capital deficit, let alone finance a major purchase order. IMO, that trend will continue. The Daddy Warbucks theory is just not supported by the evidence.

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