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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Tickertype who wrote (1731)12/13/1997 8:20:00 AM
From: mooter775  Read Replies (1) of 27311
 
I, too, don't want to belabor the "insider" question. Some respondents may very well wish to use strange names, mine for example, out of habit to others in their family who use the computer.

I know when I report something "from the company" it is either a direct discussion that I've had or the reporting of a direct discussion through someone whose opinion I trust. And many respondents do not like to report a discussion with senior management for fear of not receiving any further contact from management.

A case in point: I have posted on a little (poor performing but very exciting 'enterprise software company' on SI called NETE - convinced it will be a 4x-6x in 1998 as it achieves profitability) I reported on their progress, was asked by a fellow poster what my source was. I said I had visited the company and met management. One of the other posters apparently typed out my comment and challenged management apparently for talking to me rather than him.

A week later I was reamed out by one of the people at the company with whom I talked for posting anything at all on the net, even though it was neither hype nor inside information. This guy doesn't return my phone calls of late. So who's better off? The SI posters? The 'public'? Or those other institutional/type investors who may still talk with the company and keep information to their own circle of contacts? Even if I do ever manage to reestablish a position of discussion with management, its doubtful that I'll post on this company.

So much for that. I placed a call into VLNC yesterday, heard that management was responding to nearly 100 phone calls, and didn't hear anything back. Perhaps next week. Still think, like Don W., stock is on track for a very good 98.
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