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: Zeev Hed who wrote (15946)11/11/1999 1:40:00 PM
From: Cathi Wierzbicki  Read Replies (3) of 27311
 
Hi Zeev:

To what do you attribute the very weak market response to today's news? Since this is the first, albeit small, validation of customer acceptance of VLNC's cells, one would have expected a much more impressive move.

New technology stock prices jump WAY ahead of profitability these days. Investors just have to believe that eventually the technology will be profitable before they initiate powerful rallies. Is this an indication that prospective investors are still not convinced about profit potential based on concerns about yields, margins or production capacity?

I can't imagine that CC's remaining stake in the floorless issue is keeping investors sidelined, since it is likely already hedged. Perhaps the month to month financing creates selling pressure that makes investors hesitant.

Whatever the reason, it is disappointing that today's "material event" got such a lukewarm response. What is your interpretation of this market action?

Thanks.

Cathi

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext