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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: kolo55 who wrote (1777)12/19/1997 8:15:00 PM
From: wm sharp  Read Replies (1) of 27311
 
Great to hear from you, Paul. Always look forward to your posts on Valence, (however infrequent!) I know you've been following this one for some time, and have that die-hard contrarian instinct. What you say makes sense to me.
To All, FWIW: My conversation with DA last week was essentially in line with what everyone else reported. The company seems confident about Q1 production and OEM commitment to the product, and the company is hopeful for analyst visits in January. (A big one for me. I think we're less likely to see share price debacles like this when there is broad knowledge and, therefore, selective support among the institutions - even if no official coverage has begun. Armed with the facts on this story, they'll be buying behind the scenes, IMO.) We may have been pestering management at a particularly grim time, but they rose to the occasion - returning calls well into the weekend.
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