VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: kolo55 who wrote (7561)	1/26/1999 12:44:00 PM
From: MGV	Read Replies (1) of 27311

As a veritable assembly of companies come forth with reasonably specific releases on their capacity to come to market with lith poly product, has it occurred to anyone that the VLNC policy of silence is counterproductive, if not outrageous? One point on which all of the readers of the Barron's article can agree is that VLNC faces high skepticism in the market as well as investment community. One can argue whether the previous events in VLNC's history justify the skepticism or not. One cannot argue that the skepticism is a reality. It is hurting VLNC in both the equity and debt markets at a time when VLNC is anything but cash rich. The stated reason for the policy does not hold water. Fear of litigation. The policy goes beyond conservative. As more competitors announce with verifiable statements, the flag on VLNC is raised higher and becomes deeper red in color. The policy by itself might not be dispositive. When it is bundled with other disturbing facts, such as the continuing absence of a CFO and the apparent utter rejection by any analysts to endorse VLNC's alleged progress, it becomes very suggestive.

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