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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: John Curtis who wrote (18609)3/8/2000 11:26:00 AM
From: Larry Brubaker  Read Replies (3) of 27311
 
<<I for one have seen their R&D facility, and know how complex the operation is. So have others, and its this direct experience against which guesstimates of earnings potential are being derived. That's as opposed to some folk who don't talk with management directly, nor make any attempt to reach beyond their CRT screen.>>

Yes John, and it seems like the people who talk to management the most are the ones who are the most misguided. Reference Fred's claim of approximately 1 year ago that 6 VLNC production lines were capable of generating $3.5 billion of revenue. Or Rich's claim last summer that VLNC would break even last quarter.
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