VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: golden_tee who wrote (13358)	7/23/1999 3:02:00 PM
From: Zeev Hed	Read Replies (2) of 27311

No I did not, ULBI is a core holding unlike VLNC which is a trading position. I did have a side bet that it will be back under $5, so my "conselation" price was winning that bet. All of these companies must show one thing, deliverable and at a profit. I personally think that both have serious problems with yields and that is probably the major reason that they are not in "full swing" production. These problems will eventually be resolved, but until then, they will not take the risk of undertaking (and yes, this is a double "entendre") "massive shipments". Zeev

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