VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Paul Dubsky who wrote (102)	2/25/1997 9:43:00 AM
From: FMK	of 27311

Thanks Paul- I wish it was possible to know more about how the market will react in the short term. I did learn that a single firm sold 200,000+ shares after the conf. call. They may have found the battery vs cell production figures confusing, as I did, and didn't like hearing about any delays. I believe that if they were determined enough to extract the information on cell production, as I was, they would still own the stock. You are right about the market being hard to convince this time, but I know there has been a lot of energy spent by analysts and fund managers to gather information. I recently learned of several more who are going to Ireland, and heard from another who is taking a European group there. Also, I spoke last friday with an investor who was traveling to a west-coast convention, and intended to contact a Swiss investment group whose #1 interest was "a battery company in Ireland". I explained in previous posts why I have invested so heavily on VLNC. My confidence remains high. Analyst should see factory production in less than a month. Regards, FMK

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