VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: FMK who wrote (4305)	9/30/1998 9:24:00 AM
From: John Curtis	Read Replies (2) of 27311

Bottom line is all of this is extremely bullish! The folks now known to have bought into VLNC ain't exactly small time, eh? And most assuredly they're not the type of folk looking to lose money on their speculations. All of this buying can mean only ONE thing. VLNC must have given them a major "warm & fuzzy" with regard to: 1) battery capability, 2) production capability and 3) contracts about to be inked and/or negotiated with OEM's of significance. I'll repeat this, these folks don't invest ONE DIME, without some sort of supreme confidence, particularly when you're up in your 70's(Shugart) and looking to remain prosperous(after all, falling off the financial cliff at his age isn't something to cheer about, eh?). As for that comment about Nevada selling their building. This runs counter to L.D.'s earlier statements of using Nevada as a "test bed." And he backed up that assertion by sending that now famous set of "redundant" equipment to Nevada to facilitate the capability. So it don't make much sense to sell it off, does it? Bottom Line? I'm looking for great things between now and year-end. If ya ain't set for this, I suggest you start nibbling now. Me thinks we're on the leading edge of a nice future. John~

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