Speaking of facts: ***INFO FOR NEW INVESTORS***
Here are the recent facts. I leave it to the reader to determine VLNC's merits unencumbered by my point of view:
VLNC announces new Sales VP with extensive market sector background: content.entrypoint.com 66d8465b1b&bid=1
VLNC announced in recent weeks three purchase orders: biz.yahoo.com biz.yahoo.com
biz.yahoo.com
VLNC?s joint partner in Korea, Hanil, announces commencement of lithium-polymer battery production:
etnews.co.kr|07
And in late January, 2000, a trade publication confirms this:
southafricansources.com
CIBC announces coverage, with a buy recommendation:
biz.yahoo.com
A newspaper in Belfast, Ireland, the Belfast Telegraph, writes articles about VLNC: Message 13539540
Message 13583044
An international newsletter, Taipan, has recently(May 2000 issue) come forwards with a positive evaluation of VLNC potential:
taipanonline.com
Additionally; one of VLNC?s customers, satellite phone networker Globalstar, is announcing the following coverage patterns within which their VLNC powered product will most probably be available: globalstar.com
Free Edgar for recent SEC filings. Please note these filings have been an accurate reflection of the companies position to date: freeedgar.com 5551&UseFrame=1&FormType=&DateFiled=&CompanyName=VALENCE+TECHNOLOGY+INC
Short holdings have increased by 70% in the past month, to just over 4.1 Million:
viwes.com
Institutional holdings jump from 8.4% to 18.8% in recent quarter, principally on the strength of one investment house establishing a private placement position: insidertrader.com
Note that VLNC has been a developmental stage company now transitioning, as proven by the above publicly available news releases, to commercial enterprise. As such it now becomes a question of whether management can meet run rates over the next year that they've committed to. This is from a standing start of zero. Future earnings releases will prove, or deny, this aggressive goal.
John~ DISCLAIMER: I hold a long term long position in this stock. |