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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Paul Weiss who wrote (3)4/30/1996 10:28:00 PM
From: Tom Genna   of 27311
 
Thanks for the input Paul. I held this stock for some time and while I didn't sustain damage to my lungs there was some bleeding. I stopped the hemorhaging this winter. I noticed this recent spurt occuring so I pounced. Then Dorfman made his spiele. I don't know who puts Dorfman up to his promos but after hearing nothing new in his report and seeing some drift today I did't like the smell of things so I bailed at no expense. I figure that if the investment community can't get excited about ULBI with their $50M contract and expectation of mass production this summer why should VLNC get a run?

I didn't know about Brown but the more I hear & think the more I believe is that unless Delphi can do something BIG with their end of the research VLNC may never get to use those mothballed factories in Ireland that's supposed to produce these wonderful batteries.

Thanks, TOMSTER
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