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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: MGV who wrote (3817)8/19/1998 1:30:00 PM
From: MGV  Read Replies (3) of 27311
 
VLNC LOng Post from AOL:

I've been right here, long since this stock fell off the Motorola truck. Hanging on with the move to Henderson, IRE, the added lines and the eminent announcement. But as I read the 10Q in plain english, it says that Delphi closes down a five year agreement to provide monthly support after only four years and the IDB discontinues further support until some evidence of productivity. All this month! Delphi wouldn't
throw in the towel on this company after a four year investment if there was any sign of a real start. The known huge demand for this product, if it can indeed be produced in volume, is overwhelming and has certainly prevented me from accepting reality and exercising common sense.
So I unloaded yesterday at a loss. Maybe NOW we can get that major PO announcemnent!


3 13/16, He did the right thing. If he wanted to, he could back in at a lower price right now. This guy exercised courage. What is your excuse?
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