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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: DKR who wrote (6206)12/22/1998 12:52:00 AM
From: MGV  Read Replies (1) of 27311
 
The company has never executed anything(except maybe old officers, metaphorically speaking). Maybe they will sometime soon -- before deeper pocketed competitors with access to the same Bellcore technology and much better general records of executing do. But maybe they will not.

How many times do you have to be hit over the head as a consequence of relying on faulty information by bullish cheerleaders who have perception problems at best? The problems regarding shareholder communications have proven to be just the tip of the iceberg in frustration here. What is wrong with a strategy to wait for imminent real signs of execution before investing money on a company? LWS? Bob Cohen? Pronichev? I just don't get why you use scarce resources on this one (or any other with the profile of this one.) Risk reward? Certainly not that, certainly not if you factor in opportunity cost. So Why guys?
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