Steve's Channelling Thread Message Board

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Strategies & Market Trends : Steve's Channelling Thread

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To: Mark Johnson who wrote (25379)	8/24/2001 5:01:31 AM
From: Steve Lee	Read Replies (1) of 30051

You still in VLNC? WHat do you think of their new strategy announced yesterday? I don't think the market will take it well, due to reduced revs outlook. Where do you think it will bottom out? Might be worth a play in 6 mths time just in case they do have some worthwhile technology. I was puzzled by the PR describing them as a leader in LiPoly commercialisation. Do they really have any customers? I have a mobile phone with a LiPoly battery but it isn't made by Valence so looks like some other company (Sony) is a leader. Ah, but now they have their new "phosphates" process which is going to make them money at some point in the future. Do you buy the story or is it more delaying tactics while they issue new shares?

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