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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Christopher Charles Milas who wrote (38)1/28/1997 4:22:00 PM
From: Alex Fleming   of 27311
 
Christopher,

VLNC is in a position to have a significant revenue stream develop this year. With production coming on line, news of contracts will follow. I don't doubt that the stock will do well and investors will be rewarded- especially those that have been in the stock for a while. I personally doubt that we will see 4 1/2 this close to production becoming available to protential clients for evaluation. If we do, it would represent an unexpected but pleasant buying opportunity.

Based on your previous "hype" experiences why don't you short the stock or better still just reserve the time to post something with more substance...you post adds no value. I might suggest that you do some research which is not that easy with VLNC because there is not that much news. What you might discover is that there is a real need for improved battery technology which VLNC may be able to deliver. IMO the downside risk is outweighed by the upside potential. I really don't see the relationship you make with IOM. Yes, IOM did fall after it rose 1700%. What's your point?

Alex
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