VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: John Curtis who wrote (7640)	1/27/1999 9:58:00 PM
From: hcirteg	Read Replies (1) of 27311

Hi John- If the VLNC CEO resigned, wouldn't the ULBI'ers be all over us about how this happened because he didn't want to be around when ULBI was first to hit the market for laptop li-polys? The bad news is I think they would have been right...the good news is the opposite happened. As strange as it may seem, I think that is what brought the buyers to VLNC today. Go back to the Barrons and READ IT VERY CAREFULLY. VLNC is quoted as saying the CEO says they will be the first with commercialized production. If a horse "breaks stirde" (read ULBI CEO quits), then the odds of the other guys go up...less horses in the race. I know it sounds crazy, but honestly I think the invstment community has only two questions: When, not if and WHO??? ULBI took one big step back. Now you have LITH vs VLNC for $100 million plus laptop contracts...who would you bet on? That slowly sunk into ivestors today and I feel very stronly that it will carry over for a while. It will now take bad news to stop the move north IMHO. Good luck to all. HC

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