VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: john t. brice who wrote (24440)	6/20/2001 9:24:30 AM
From: John Curtis	Read Replies (2) of 27311

Duckster: It also seems strange to me that we are now hearing from management that they need to redefine their mission statement to "energy solutions". Agreed. We've watch management try on too many ideas for my taste. Whatever happened to splitting the company into 3 divisional structures? (As but one example) Yet I temper my angst in recognition of the fact that they're trying to find the right business plan for an organization going from the straits of R&D to commercial enterprise. This is never easy even when you've a clear vision of where you want to go. Even so, this doesn't mean I'm incline to place further long term monies and patiently wait for them to figure it out. 7 years, profits aside, is patience enough. Especially since their history of ambiguity and changes of direction means that as a share holder I cannot trust them to hold to their articulated course of action. Even if I'm willing to give God the benefit of the doubt. Therefore it all comes down to the bottom line, doesn't it? When I can see clear evidence of them successfully driving to the bottom line then I'll consider doing other than I'm doing these days with them. Trading 'em. John~

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