SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : VALENCE TECHNOLOGY (VLNC)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: hcirteg who wrote (3880)8/22/1998 12:53:00 PM
From: MGV  Read Replies (2) of 27311
 
Don't get excited girls. I remain highly skeptical of VLNC on production, financing/dilution, and competition dimensions. Precisely because VLNC has painted itself into a corner regarding delivery of product - either they deliver now or they will lose permanently the competitive opportunity - for a very low price, I decided the December 5 calls were worth the risk. If VLNC has not progressed to the point where the December 5s have value by November, the underlying equity value will be in bigger trouble. I don't expect that they will but, for the price and the circumstances, there is not much to lose with this option.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext