VALENCE TECHNOLOGY (VLNC) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : VALENCE TECHNOLOGY (VLNC)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Zeev Hed who wrote (9838)	3/25/1999 11:55:00 PM
From: FMK	Read Replies (1) of 27311

Some comments- 1- The primary purpose of the SEC filings is to fulfill the requirement for disclosing terms of financing etc. Their purpose is not to inform shareholders of company progress. I remember some exellent notes were taken taken during the shareholders meeting and conference calls. 2-None of the naysayers claimed to have attended the shareholders meeting or appear to quote information presented during the conference calls. They instead seem to focus on documents written for a purpose other than reporting company progress. 3-The attorney's drafting the SEC documents make sure that any wording does not state or imply that the company will be successful. If it did, it could be a construed as a written promise and possibly used as evidence in a lawsuit. The attorneys don't want to provide any such basis, especially if the purpose of filing is just an SEC requirement similar to filing a tax return. 4-If Lev were desperate for a contract last fall, he could have accepted a contract to provide accessory batteries. With several testing programs in place as described during the conf calls and SM meeting and no real competition for laptop solid polymer because of the Manganese oxide patents, Lev obviously feels comfortable with the OEM programs and that taking time to do it right is the appropriate course of action. Remember that he has about 2 million shares himself at stake! 5-Remember shareholders comments after meeting Lev and witnessing the videos's of laminate production and the first two assembly and packaging machines and that just the first "line" can earn enough to break even with just one shift per day. The capacity for the three lines should exceed 250 million watt hours per year for three shifts. 6-At $2.50 per watt hour, earlier posted calculations indicate that the first three lines should be capable of earning more per share than Microsoft! Is it time for some short covering?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next