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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: John Curtis who wrote (3328)7/12/1998 4:12:00 PM
From: MGV  Read Replies (1) of 27311
 
There is no mystery underlying any posts for which I'm responsible. Given your question about motive it may be worthwhile to back up a couple of weeks to the day in which the 10K was published.

On that day I posted some issues here raised by the 10K. All of the posts discussed substantive parts of the 10K. All raised serious, legitimate questions to all but the most zealous VLNC supporters.

The response to my posts were personal attacks and anger. There also was an undercurrent of posts that sought to downplay the 10K or to dismiss it as legal blather.

These responses - the personal attacks and the reckless statements about SEC required disclosure documents intended to protect investors (and the source of important information in the professional investment community) - spoke volumes about the people posting them. They definitely inspired a Quixotic spirit. The posts amount to evidence of exactly what is described in the WSJ article on 7/10 about internet sharks preying on people who can't afford to be exploited.

That is what this is all about. What has happened here has offended my sense of what is right and decent. So yes, I'm waving a banner I guess and, yes, I'm standing up against what I see as a combination of ignorance and duplicity. Thats all there is to this. There is no grudge on my part. I think its important to do.
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