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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Larry Brubaker who wrote (6638)1/3/1999 6:12:00 AM
From: Dennis V.  Read Replies (1) of 27311
 
Larry, I don't think you understand how these small,dynamic companies work. The company theoretically works as a team, but in reality there are factions and politics as in any company. The answer is that during the crucial period when the company could have gone into production, they did not because the R&D people won the argument. IMO, if their current product is anything like the one unveiled by Hanil Valence, we have a market dominator. Earnings will be about $1.10 with a 40 PE.
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