VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: lws who wrote (2545)	4/1/1998 4:23:00 PM
From: I. N. Vester	Read Replies (3) of 27311

For late phases of development, 3 months is forever. The reason i keep saying call the &%##$$'s is because THEY THEMSELVES PROMISED to be more responsive, as well as that fact that this company is NOT a mature business, and needs to be in the 'home stretch', and in fact seems to be continuing to slip schedules. If you ever act in a project management capacity, let me give you one clue: do NOT go around once every 3 months checking status. I never said 'call them every day'. I said that DA promised me status before the end of march, i.e 6 weeks from the prior press release. At this point if you only care about hearing every 3 months, I think you're being a bit foolish. I was willing to accept once in six weeks (tho DA told me they felt MONTHLY updates were appropriate). If management states that it will do a better job of keeping shareholders informed at more frequent intervals and then fails to do so, you can feel sorry for those nice fellows if you want. Personally i take it as a wake up call that you cannot take them at their word, and if they have nothing to say, it's not because they just want to give us a big positive surprise 6 weeks from now with all the good news.

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