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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: wm sharp who wrote (2508)3/26/1998 10:55:00 PM
From: I. N. Vester  Read Replies (1) of 27311
 
FRB was clearly stating right up to Feb 17 that
high volume production was on track for 1Q98.

Of course the song changed to rather a different
tune on that day, to "Oh, by production we meant
a few cells which we will be GIVING AWAY as samples".

DA implied to me that their pre-Feb 17 commitment
was still being met. That is a complete crock of shit.

DA also reassured me that they have gotten the
message that they need to be more forthcoming,
and that they would issue a press release
BEFORE the end of this quarter.

If they do not do so, I will be leaving messages
on DA's phone questioning his integrity, which
will be a reasonable thing to do.

Y'all OWN this company. No news is NOT good
news. The companies action has proved this already.
We do not owe them indefinite patience.
Rather they owe US information.

PLEASE CALL DA and DEMAND INFO!!!!!

This is our right as shareholders. Calling and
demanding it may be the only way you're going to
get it. They don't owe us technological miracles,
but they do owe us integrity, honesty and
straighforward answers to simple questions.

VLNC may or may not prove to be a great
investment, but we the shareholders do deserve to
be informed of progress, especially when the claim
is that they are on the very cusp of success.
Lack of information is not reassuring, and I ask
you to call the company and DEMAND INFO.

Issuing a press release will not take so much of LD's
time that business suffers. If DA has to spend a lot
of time listening to phone messages from
shareholders demanding information, i believe they
will find it to be in their best interest to release it.
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