SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : VALENCE TECHNOLOGY (VLNC)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Larry Brubaker who wrote (13699)8/13/1999 2:40:00 AM
From: add  Read Replies (2) of 27311
 
Ok Larry,

You were right on a number of occasions, I'll give you credit for that. However,you have to admit things turned around the last few days, much faster than you had anticipated ? , no?

The board was trying to tell you that product was for sale and now you heard(?) on the CC that they have been running for a month. I'll assert that the battery chemistry was not a problem the last 6 months but getting the lines working at high speed were. It was also mentioned that they had already committed production for the next month, so I think they are already running full speed to meet some demand.

The point is that you kept looking at the filings which was backward looking, when events happened they caught you off-guard. Tell me you weren't surprised by the CC today? I was, it was more optimistic than what I hoped for.

I'll go further and make a side bet w/ you: That VLNC will have sold at least $30M of batteries in this Millennium. If I win you owe me ONE share of VLNC stock, if you win I'll pay you TWO shares of VLNC stock (or the cash equivalent based on the closing price of 12/31/1999). What do you say?

I would still like to hear what do you think would happen to the stock price if a $50M contract were to be announced within the next month? My guess is that the price will spike above $8 maybe to $12. What's your guess? I'm not asking you to believe that such a contract would come in, but if one did then what would be the price ?

Come on Larry, don't tell me what happened last year, tell me what's going to happen the rest of this year.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext