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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: MGV who wrote (7568)1/26/1999 2:36:00 PM
From: FMK  Read Replies (1) of 27311
 
If not faith, then go for probabilities. I continue to estimate the probability of failure at 0.1% or less. I am confident that they are now running two production lines for a total output exceeding the what it takes to break even. If you don't believe in faith, look at all the indicators such as Bert Roberts from MCI coming on board to guide the company to the billion plus revenue stage as he did for MCI. You might also consider the increase from 65 or so employees in Northern Ireland to 270 last December a fairly good indicator that something is going on. Good luck with your shorts or whatever. Maybe you should take a postition before it the price runs away from you!
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