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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: MGV who wrote (16973)12/13/1999 2:52:00 PM
From: Zeev Hed  Read Replies (1) of 27311
 
MGV, I have not based my decision on hype and am fully aware of the need to get some good quality money (like a secondary of 2 MM shares at $20 would be nice), but that is the nature of all "start up" companies with big dreams. ANCR was in exactly the same situation just few months ago, and once the stock got into the 20' or so, they did the rational thing and went to market for operational funds. The stock is now three or four times higher (it changes quite rapidly, of course).

Zeev
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