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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Bill Wexler who wrote (9203)3/13/1999 4:01:00 AM
From: Tickertype  Read Replies (1) of 27311
 
To all:

Every thread has to have one. Over on Yahoo we have this go202 character, also known as orcalso, who for years has been been yelling it's all a scam and the stock will go to $1. So now we have one on this thread too. This is definitely a great contrarian indicator - I'm adding some shares again.

Incidentally, all you bashers like to recite this same line about "years of losses and no revenues", as though it were a sure indicator that the company has no chance of succeeding. What puzzles me is how you all expect an R&D company that hasn't begun to sell products to show revenues instead of losses? I just can't figure that one out. Maybe you think they've been taking in laundry or something to earn a few bucks while ramping up production?

We the bulls expect this situation to reverse sometime this spring, don't know exactly when, but soon, so we'll know soon enough who the smart money guys are and who are just so much road kill.......

- T -
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