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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Hugo H. Hennings who wrote (16020)11/12/1999 5:59:00 PM
From: Jay Lowe  Read Replies (1) of 27311
 
>> why Lev decided to release the news-report of the PO
>> when all along he had insisted that the PO report must
>> come first from the OEM

- He feared to face the possible consequences of another quarter, especially under CC attack, without releasing PO news?

- He is a pretty good spinmeister and will say whatever best supports his agenda. In the absence of having a PO, it's nice to have a plausible rationalization ... policy.

- This PO is for a packager and does not directly disclose OEM directions.

- It's small.

So, it's expedient. And also real. I believe others will follow.
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