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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: MGV who wrote (3307)7/10/1998 1:55:00 PM
From: FMK  Read Replies (1) of 27311
 
Mark-Here's a repeat of my reply from another thread.

MGV- Sorry you don't have time to completely read the 10k. It is very unfortunate that just before the conference call you repeatedly sounded an alarm by amplifying the disclaimers that appeared also on the previous years 10k. You seemed unaware that the reporting period ended March 31 and that much progress has been made since.

Regarding the challenge for you to read the 10k and find the Bellcore ownership, your failure to be aware of this fact in itself indicates that your own research has been rather shallow. Far too shallow, in my opinion, to have yelled "fire" so emphatically and unneccessary worried other shareholders.

For the record, I fully agree with Mooter's summary- That "you and Noway are entitled to your opinions. It's just that they are wrong!"
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