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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Larry Brubaker who wrote (9864)3/26/1999 1:08:00 PM
From: Ray  Read Replies (2) of 27311
 
Larry: " Zeev, I don't buy the premise that VLNC could have had a smaller contract some time ago but turned it down. There is no evidence of this, and it is totally contradicted by statements in the SEC filings such as "we have no products for sale," and "we have provided no commercial samples to any potential customers."

Sometimes if things are repeated often enough on this thread they become accepted as the truth. That doesn't mean it is the truth. "

True - about repetition sometimes generating belief. And it is also true that SEC-document statements that are for CYA purposes and at odds with other public statements can be taken as truth, through repetition, by those not diligent enough to look further for more revealing information. IMO, the statements you quote from VLNC's filings do not speak the truth. They appear to be remnants of earlier docs and now much out-of-date. If you have more convincing evidence that VLNC has has not shipped commercial samples to potential customers, please post it.
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