VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Tmoore who wrote (4085)	9/5/1998 12:32:00 AM
From: MGV	Read Replies (2) of 27311

The lad who cried wolf? No, but try the ostrich with his head in the sand. The fact is that the cash flow problem aka the negative working capital is not speculation. It is reported by VLNC. Unlike the speculation and opinion not reported by VLNC about contracts in August or September or October by sources who are not regulated by the SEC and whose predictive track record makes Clinton's January statements seem like just a big misunderstanding in comparison. The Archibald resignation may be nothing but it cannot be dismissed out of hand. Given the financial status of the company, the unexpected CFO resignation raises more concerns by anyone's objective definition, least of all the streets'. You have a technology company who loses a technical-oriented CEO; an R&D company who loses its head of R&D; and now a financially disadvantaged company who loses its chief financial officer. Again ask yourself if you would have sold in December. You don't have to answer publically, just answer to yourself, your wife, if you have one, and your kids, if you have them. Don't start with obscenities and petty comments here or on Yahoo.

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