VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Zeev Hed who wrote (9207)	3/13/1999 1:24:00 PM
From: Tickertype	Read Replies (3) of 27311

Zeev, I noticed your comment re Wexler's posts ......"I do not think that Bill is claiming the company is fraudulent, he refers to the constant stream of "inside tips" from a number of posters"......... Here's one of his exact statements as of yesterday: "VLNC is a full-fledged fraud and will eventually trade below 1 a share." Sure looks to me like he's saying the company, not the posters, is a fraud. His comment that ...."so many executives have fled the company"... also very clearly demonstrates his poor grasp of the facts. For his edification the previous CEO didn't "flee", he was ousted, and the others were mostly ousted by the present CEO - they also didn't "flee". I would think the fact that many of them have added to their stock holdings after leaving the company would tell Wexler something about their views of the company, but I guess when you're a short you can't be bothered with the facts. So far, Wexler has really been preaching to the choir here, as most of the folks on this thread are way ahead of him. But it does provide food for debate while we wait, poor as his arguments may be. - T -

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