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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Pallisard who wrote (7651)1/29/1999 12:01:00 PM
From: Gordon Quickstad  Read Replies (1) of 27311
 
You underestimate the creativity and resourcefulness of our Asian neighbors. They know they can't influence new markets because of differences in culture and marketing strategies so they wait for the dust to settle and then go with what the market has decided. Sony tried to get the world to go with superior Betamax but the world wanted VHS. Once the ball is rolling, think of the creativity it requires to create the quality at the prices they do. Ever think of trying to make a $200 4 head VCR in your workshop? There's transportation cost and dealer markup in there too.
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