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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: P. Ramamoorthy who wrote (17315)12/28/1999 7:56:00 AM
From: MHS  Read Replies (2) of 27311
 
Ram, I agree with your credibility indicators. But I think you need to add who purchased the stock -- Capital Guardian Trust. In my research, they are very well respected and believed to do top flight analysis before buying. In fact, I believe that who bought is as equally, if not more important, than the financing itself.

mhs

PS -- and no, Larry, no one I talked to believes that they sold right away. They are long term holders in their equities, not players.
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