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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: MGV who wrote (4103)9/6/1998 11:40:00 AM
From: Herb Blair  Read Replies (1) of 27311
 
I've let a few days pass before speaking. The facts as we know them about the company have not changed and have been confirmed partially by the hiring in NI. In addition as has been mentioned someone put up millions recently and I'm sure they checked VLNC out well. (Sure a venture cap losses often but that is because he is speculating like us. He sure doesn't want to lose millions on any of his ventures.)
I too am sorry to see that this guy quit but only because it is a negative indication. I have no idea how to quantitate that. Don't new CEOs bring in their own people?
Anyway I'm staying long. No sweat!!
Herb
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