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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Pallisard who wrote (19533)5/5/2000 10:31:00 PM
From: Tickertype  Read Replies (1) of 27311
 
I presume Lev is paying the PR agency, the FRB, for their services, but I wonder what they've actually done for the company or for the shareholders over the past many months? Lev has said he doesn't want to prop up the share price with "fluff" type PR's, and if he did I'm sure we'd see lots of posts from certain quarters accusing him of hyping the stock. But we've seen a number of suggestions here today about topics that would be of interest to all of us - why couldn't the company at least keep the PR agency up to date on these type items so they in turn would be able to answer shareholder questions?

What is the purpose of having the PR agency if they aren't given any clues about the status of things? I know Lev won't be giving out yield numbers at this point, he said as much at the SM, because it would weaken his bargaining position with potential customers. He did say he might do it in about a year (after a number of OEM's are 'locked in', I think). But updates on the status of Hanil and the NI plant, shipments to existing PO's, and other things that have been suggested here would go a long way toward keeping everyone informed. Releasing this type of information through the FRB instead of via press releases would avoid the hyping accusations, IMO.

Any comments? Should we send them some suggestions?

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