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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: John Curtis who wrote (9017)3/8/1999 7:45:00 AM
From: MHS   of 27311
 
John,

The NASA "rumour" was another started by FMK. Here is the relevant quote from that post by FMK.

<<It appears we have another positive development. I have heard from more than one source that Valence batteries are being used in the Mars space program. If there is an application that requires the highest possible level of performance, lightest weight and reliability, it is one with millions of investment dollars and political futures at stake when failure of any one component or system can ruin the project.>>

He also started what can only also be described as the rumor that there is an ongoing quiet period by the company.

There is absolutely no proof of either.

Frankly, though I am long and believe that the company will succeed, Larry is all too right about the unverified hype posted and then accepted as true by all too many of the boosters.

mhs
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