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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Paul Dubsky who wrote (2217)2/17/1998 10:20:00 PM
From: I. N. Vester  Read Replies (1) of 27311
 
LD is a liar and is stupid or culpable.

1) Let bad news out is when the stock
is down anyway. 2) Everyone but speculators gain
a great deal from a stable stock price.

Screw the 'don't believe it unless you hear
it with your own ears'. I know that
people have been talking to DA and to their
IR firm and have been told production was still
'on schedule'. It's interesting to realize
how unreliable the info has been.

Lies have been told. Very important information
was withheld. Whatever merits and value the co.
has, this CEO flunked CEO 101. Only a moron lies
to or otherwise screws around the investment
community. They remember these things and your
stock can suffer for a very long time.

I've been speculating. I deserve what i get, and
will cheerfully continue to play the game. But i
gotta ask myself what is wrong with this CEO. If
he's at all honest about making that decision in
early Jan how could he be so stupid as to be so
quiet about it. And if he was lying about when he
made the decision, then he's even stupider still!
Either way it's clear he's a liar and/or idiot or
guilty as hell of some form of stock manipulation.

Can't imagine a worse way to start off with the
investment community. And it doesn't give me a
warm feeling for his other talents either.
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