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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Jacques Tenzel who wrote (25663)11/12/2002 9:25:00 PM
From: P. Ramamoorthy  Read Replies (1) of 27311
 
Jacques,
The call may or may not address your concerns. I'll not be surprised if this call is similar to the last call: no new revenues, waiting for OEM's product qualification results, NI plant is capable of producing, they are behind 1 to 2 quarters, they rely on Berg's credit line for their "fat" salaries, etc. Stephan and his team have to do more to lift the stock price so that dilution can be minimal. The stock price responds to the perception of future earnings. He has so far underestimated the timelines for the ramp-up in production and design wins. jmo. Ram
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