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: Greg Smith who wrote (4896)	11/11/1998 11:59:00 PM
From: I. N. Vester	Read Replies (3) of 27311

Greg Smith PLEASE, don't expect everyone on this board to pamper you by answering you on every tiny detail. The numbers make sense for 1800 batteries - your own calculations indicated that this is consistent with the $/wH, etc and add up to a burn rate of $4M/quarter or so. Lev may have actually said 'cells' I don't know. If he did he clearly mispoke. We've done the calculations and are very comfortable with the CEO's statement that they can break even (on a $ basis) by running 1 line for 1 shift/day. That's why lots of money is coming into the stock. There are some inconsistencies in what the Korean press reported and what you heard from Lev. There were reports earlier from the korean press that hanil/valence would start producing this summer. Never take anything too seriously from the korean trade press. Literal accuracy does not seem to be a requirement over there. Lev's lack of concern about Jan 27 does not imply he's ignorant about important facts. He's not paying attention to that date, not because he's dumb, but because he knows it does not matter. I.e. he's weeks away from signing a contract but he could not tell you that on the call, as he carefully explained. Look at the chart - a lot of millions have been going into this stock. The smart money is comming in not going out. Go ahead and obsess all you want before deciding, but please try not to take up so much band width insisting that everybody help you get unconfused. You gotta help yourself a bit too. good luck!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next