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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: da_cheif™ who wrote (20880)8/5/2000 3:04:34 PM
From: Zeev Hed  Read Replies (1) of 27311
 
da: "just started"(???), I thought VLNC has been around for quite some time. As for just started and hitting $40, well KOOP ( and a slew of other .com's) did as well. Why, another favorite start up company of mine, CDTS got all the way to $90 before coming back down to earth, and their financials are not much better than those of VLNC (and they are probably behind VLNC in launching their product into the "promised land of positive cash flow). The questions investors often ask "and what have they done for me lately..." is still begging an answer.

Earlier this year, I was hoping that VLNC would be able to nail down some major orders for the Christmas season, but right now, this window of opportunity is closed. Well, there is always "next quarter" or "next year". I think that was probably the "hope" that permeated the market and got VLNC to $40, now the market will probably want to ask "show me".

Zeev
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