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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Larry Brubaker who wrote (6725)1/5/1999 7:50:00 AM
From: Pronichev  Read Replies (4) of 27311
 
Larry, on at least one count, your financial analysis lacks common sense: Berg's money being contingent on milestones. Since Berg has more to gain than anyone if Valence succeeds, wouldn't he wave restrictions on his money as well as put in even more if he thought Valence is close? And isn't he in a position to know whether they are close? Berg will think long and hard before letting Valence go down the tubes. I have done a lot of due dilligence on this company and their potential competitors, almost none of which I have reported on here. There is a lot of evidence from many corners that says this company will go commercial very soon. I hope this is true. Good luck everyone long! Michael
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