SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : VALENCE TECHNOLOGY (VLNC)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Tmoore who wrote (2219)2/18/1998 1:10:00 AM
From: Gordon Quickstad  Read Replies (2) of 27311
 
The actual technical reasons for the problems were noticeably absent from the conference call. There was an oblique reference to chemistry. Lev said something like that making a 1000 liter batch of chemicals for coating is not the same as making a good 1 liter batch. This may be the problem that they're having.

I think the company is not forthcoming with information for three reasons:
1) They're vying for time. It's taking much longer than they're willing to admit to produce an acceptable battery. They've tried to keep stockholders from abandoning the stock while they feverishly work out the bugs. "If you can't say something nice, then don't say anything at all", as most mothers have told us.
2) To admit problems and to be too specific about them gives the competition an edge in marketing.
3) With too much negative news, the stock suffers and some of the insiders are major shareholders.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News