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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Zeev Hed who wrote (5129)11/15/1998 9:21:00 PM
From: I. N. Vester  Read Replies (2) of 27311
 
Zeev, thanks for correcting yourself re cash flow
analysis! And also on the fact that Lev did not
sell any shares. I was beginning to think you had
already taken a short position and were trying to
plant false doubts via dis-information. I'm quite
happy to have proof of your integrity (or maybe
just evidence that you have not gone short vlnc yet...).

Personally I'm still confident that Comdex will feature
a VLNC-powered notebook line from some well established
PC vendor, and that by this time next week (perhaps even by
this time tomorrow) the 'floorless' clause will be moot.

With all fear, uncertainty, and dread of floorlessness gone,
'fair value' will certainly be above the current level,
and the market will reflect that change very quickly!

I'm very confident with my bet on the long side.
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