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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: MGV who wrote (7393)1/24/1999 10:14:00 AM
From: John Curtis  Read Replies (1) of 27311
 
Mark: What I was attempting to point out was your explicit commentary that the "big boys" naturally have a leg up, and are all knowing about market-sector trends/developments, ain't necessarily so. My use of MOT by way of on an example was to point out what happened with their 1990 gamble on cell-phone technology. They got waaaay out in front of everybody with their analog line of cellular devices, but because of this didn't see, or ignored and made light of, the switch to digital which was roaring down on them at a certain point. Subsequently those companies such as ERICY, Nokia, et.al., began to eat their lunch. It was MOT's involvement in the analog aspect of that product segment which "blinded" them, and I'd use the same style of argument when arguing overhanging the market. The battery "big-boys" have the same problem, particularly as it relates to embedded processes and infrastructure. By the way, MOT still hasn't recovered from that cell-phone gaff, although they're giving it a herculean try(via IRIDF, etc.)

Regards!

John~
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