VALENCE TECHNOLOGY (VLNC) Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: kolo55 who wrote (4892)	11/11/1998 11:19:00 PM
From: Greg Smith	Read Replies (1) of 27311

Thank you so much for a post that actually addresses my point. I am very discouraged by FMK basically blowing off my questions. I find his tone a bit patronizing. I am looking hard for credibility in VLNC (which has a checkered past), because I am considering a serious bet. I am a conservative investor, so bets like this don't come easy. I like the patents (though I've heard that many of them apply to VLNC's old battery, not li-ion/polymer). I like the insider buying (as long as they're still holding). And I like MCI on the board. But I don't like wishy-washy statements, or statements that I think are strange, or statements that I think don't add up when you study the numbers. Your most insightful note, IMO, is that "Negative cashflow from R&D and SG&A will be reduced substantially from current levels." That makes sense, and that could be a huge number. Maybe when Lev talked about a $2 mil cash burn, he was actually referring to the entire quarter. That would make a major difference in the bottom line. P.S. I see Darkgreen is giving me words of encouragement. Great. The kiss of death. If there's anything worse than disagreeing with FMK, it's having Darkgreen agree with you.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next