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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: mooter775 who wrote (1341)11/11/1997 3:50:00 PM
From: richard hawkins  Read Replies (1) of 27311
 
My guess is that the relative price weakness we're seeing today is anticipation by some investors that tomorrow's conference call will be another low key, monotonous presentation with a resulting price decline in the aftermath, as followed the last few conferene calls. But with the class action lawsuit now dismissed, maybe the company will feel encouraged to give a more upbeat presentation and give shareholders something to get excited about. I think it's time for management to get a little more aggressive and let the world know what to expect. Of course, we don't want any unsubstantiated hype; but after all these years in development and now being on the verge of transitioning to production , they do have something to crow about and should (IMHO). Good luck to all!
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