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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: DKR who wrote (2719)4/22/1998 1:48:00 PM
From: J. M. Burr  Read Replies (1) of 27311
 
"Trusting the founder of the company to do what is best for himself". You got it right there! Here's what will happen; if the company succeeds there will be an inexplicable move upward (probably replicating the three day blow that preceeded the last company announcement)as volume increases substantially. There will be talk of a buy-out, or a successful battery pack, or some sort of joint venture, but no one but insiders will know for sure. And you will be right, this cynic feels sure the founder will have done what was best for himself and a few friends. Hey, carajo, would you say that two announcements of any significance in four months is symptomatic of a company with nothing to hide?? Tumbleweed.
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