VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: The Ox who wrote (8914)	3/4/1999 5:32:00 PM
From: nealm	Read Replies (2) of 27311

Michael, Welcome to VLNC. The company's status is cloaked in secrecy, and I wouldn't bet on an RFMD like performance just yet. Some will argue that secrecy is the nature of the battery business, but it's still a bad way to make an informed investment decision. The bottom line is the company has no production purchase orders, with only vague allusions to OEM testing (the names of the OEMs are secret too). So were limited to speculation. The good news is, if VLNC can delivery batteries in QUANTITY to OEM specs. their stock holders will make a killing, that is until one of the Japanese giants comes in and buys'em out. Also, their financing is running out so the clock is ticking. Personally I'm waiting for the P.O. announcement. Regards Neal PS. I forgot to mention, the entire management from CEO on down has turned over TWICE in the last 5 years. So I wouldn't get too excited about new hires

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