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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: FMK who wrote (2339)3/2/1998 3:11:00 PM
From: Emmo  Read Replies (1) of 27311
 
Personally, I got interested in this stock after seeing it mentioned in back-to-back articles in IBD on Li batteries over a year ago and I've done my own research and have concluded that IF these guys can get their line to run then, yes this stock will be worth much more than todays price. But as far as knowing EXACTLY what's going on in Henderson and Ireland on a day to day basis that information is insider and unless I know the source personally I discount it. So what am I trying to say? This company has a lot of potential, I believe they have as good a shot of making it work as anyone and I have put mine and others money where my mouth is. I think the numbers for the current lines are not critical, what is critical is the ability to mass produce. Once that is acomplished the lines can be cloned and who knows what numbers will be generated!! FYI,,putting the line next to the researchers was the absolute right thing to do. (FYI,,also look at who else has put their money into the company and that will tell you a lot about the value of a WORKING Li Battery.)
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