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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: lws who wrote (3625)8/10/1998 9:40:00 PM
From: Mark Johnson  Read Replies (5) of 27311
 
Hey lws,

I care!!

Einsteins point of view is as pertinent as anything Visnic has posted. At least he is honest, not cloaked in intellectual innuendo.

Visnic has raised pertinent points in regards to 10-k information. But his style is to fan the flames of paranoia upon indecisive investors. Every body knows the marketplace is commanded by emotional perception. Visnic is an expert at inflaming mundane issues. He seems to enjoy defending what I consider inflammatory banter. People have asked important questions of Visnic in regards to his stake in Valence. He has declined a response. One can only question his motives in regards to the timing of his involvement on the internet threads. He declined your challenge which you apologized for.

My opinion of Visnic is that he very well could be a paid hitman, maybe from a competing company, maybe from someone beyond my scope of suspicion. Or, he is just an egotistical attorney who enjoys the banter on the internet threads. Visnic forgot to include hysteria or playing on emotion as one of the kinds of posts he includes in his portfolio.

My conclusion is, he is an ALARMIST, nothing more. I know by posting this letter a long winded verbose response is coming in the vernacular of our learned friends smoking rooms. The response will be much more clever and astute than any of us emotionally attached investors could muster. He will discount instinct, intuition, faith, and belief as weak traits in the investment world (somewhat true). He will stress the cold hard facts and disregard and diminish enthusiastic projection. It is his only style, stuck in the aggressive piranha like attacking frenzy of his lawyerly world.

Visnic, probably through my acknowledgement or because we are close to the conference call will continue to terrorize this thread through Tuesday night and disappear for awhile thereafter.

Good Luck to all you Valence longs. Something Visnic would not consider!
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