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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: FMK who wrote (873)7/29/1997 11:05:00 PM
From: AlexSun   of 27311
 
To everybody:
This is the first time I am posting something here, although I have been lurking for a long time.

I have a relevant (for my pockets) investment in Valence and I believe in the potential of this company.

In this site we have two lines of thought:
One side, represented by FMK, is the positive (IMHO I think too much optimistic!)
The other side, represented by gvander (mainly she is all by herself), the negative.
While I think that listening to different opinions can only help in the process of understanding, after the last statement by gvander, that is forecasting the beginning of the end of Valence, based on groundless assumptions, I have to give less weight to what she is telling us.

Anyway, we have to remember that, so far, the company has yet to prove to the world that it is capable to produce what it is supposed to produce.
Therefore, I believe that without a strong statement from the company, or the announcement of one or more contract, we are not likely to see a further surge in value.
We have to admit, though, that for a R&D company (this is what it is, until production officially starts), the present value of the stock is pretty good, meaning that a lot of people trust them!

Having said this....good luck to all!!

Alex
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