VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: lws who wrote (9199)	3/13/1999 2:02:00 AM
From: Bill Wexler	Read Replies (1) of 27311

<<The upshot is that I can't figure out why you have concluded Valence is a fraud.>> Interestingly, the vast majority of victims of these types of stock promotion frauds say the same thing. <<Valence and the people involved (the real "smart money," I suspect) have a long history.>> 10 years in "business". For the entire 10 years the company has roughly $25 mil in revenues combined and $150 mil. in losses. For the last 4 years or so, the company had zero revenues. That's a long history for sure.

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