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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Larry Brubaker who wrote (16947)12/12/1999 3:52:00 PM
From: Eli74  Read Replies (1) of 27311
 
Larry, I've never, ever, ever seen anyone who is more interested in picking nits than you. Just be patient, and we'll all find out soon enough when they reach breakeven on a cashflow basis. Assuming the orders keep coming in, the company will, in all likelihood have a positive cash flow this year. And whether they reach that stage in March, or June, or September, isn't really all that important, to my way of thinking. This board isn't an exercise in winning debating points, it is an exercise in attempting to pick winning investment ideas, measured by the only yardstick that matters: whether the damn stock price goes up. And given that VLNC has tripled over the past month, it would appear that it stacks up pretty good.

Eli74
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