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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: William who wrote (8861)3/3/1999 7:12:00 PM
From: I. N. Vester  Read Replies (1) of 27311
 
Why start second guessing how Wright's hiring
was announced, where he is located etc. The
situation at VLNC is obviously very fluid. Lev
obviously needs additional management talent and
at first blush this guy sounds like a great
addition to the team.

More additions will be made. Obviously the CFO
slot and Lev has also talked about hiring a Marketing
VP.

Why don't you give him some time to get new guys
on board and sort out how the team will work
best together?

The 'delayed announcement' may be due to trying to
figure out exactly what title to give Roy. Also since
he seems to have left his last position a year ago
he may have been available to spend some time in
Henderson prior to official hire date. FRB might
even have prematurely announced him before it was
official.

VLNC is a company in transition. Lots of 'creative
chaos' at work. Don't expect it to act like a staid,
mature company. Bet it's going to be really crazy for
the next year (and we'll all very lucky if it is, too)!
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