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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: The Ox who wrote (8914)3/4/1999 10:08:00 PM
From: Larry Brubaker  Read Replies (1) of 27311
 
Michael, since you are new, I'll be gentle <VBG>.

You make the point that "up til now, VLNC has been strictly an R&D company." What makes you think that situation has changed? I must have missed the announcement of a purchase order.

Of course it makes no sense to refer to the new hire as having been brought in to "turn around" VLNC. My posts were in response to posts which had touted the way the new hire had "turned around" IWRK. From what I can tell, I doubt that many IWRK shareholders during the time of Mr. Wright's tenure would agree with that assessment.

As far as the thread not having focus, it is a sign of the lack of tangible information from the company. You read the SEC filings and you see a horror story. You listen to many of the posts on this thread and you expect to be rich in a matter of weeks. The truth is probably somewhere in between.

This is the way its been on this thread for years. Enjoy.
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