VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: John Curtis who wrote (1519)	12/4/1997 12:15:00 PM
From: shasta23	Read Replies (1) of 27311

Hi John! I know that you're the optimistic one but 5 9/16 definetely makes 7 look like a good selling price. MAybe i see it all too subjective but i think when we speculate that production rolls out in 2-3 month i find it really bad timing by Cal Reed to resign in the midth of this uncertain period. Why not wait with this after the OEM contract is announced? If he was over six years with the company it wouldn't make any difference( i think) and he would himself deliver the baby. To change leaders right here makes me very suspicious and did i say already...angry! Ok, too me this is a red flag and i regret having added to my position the last days. One little thought of revenge. If CR sells his shares now(he probably has already) he get's his FAIR SHARE of the deal...Thinking of this i really don't understand Cal REed. If they'd announced a contract the price of the stock would go up and he would get double of the price. So why does he resign now and eventually get's less for his shares? Or is he that convinced of the price going up without him that he doesn't care? STefan

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