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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: kolo55 who wrote (15370)10/22/1999 2:18:00 PM
From: Pallisard  Read Replies (1) of 27311
 
"N O C O N V E R S I O N absent indications of an OEM contract. No OEM contract or news of a pending one w/in 2 weeks or 2 months or 2 years, no conversion w/in 2 weeks or 2 months or 2 years."

Does anyone understand the implication of these two statements? The qualifier, "absent indications of an OEM", seems to conflict with the second statement. Taken together, one would conclude that he believes there will be no conversion for at least two years.

Paul, how do you interpret this? Visnic seems unwilling to elaborate.
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