VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Zeev Hed who wrote (10454)	4/15/1999 6:48:00 PM
From: Rich Wolf	Read Replies (1) of 27311

Zeev, in all fairness to the longs, there are a lot more signs we've mentioned that indicate readiness of their facility to produce, the company's confidence in the acceptability and quality of their product, and ongoing relationships with customers for many months now. Not to mention corporate statements at the SM, during the CC, and through successive recent PR, that they have completed the factory development ('commercialization'). Add to that the CEO's previous statements nearly 6 months ago to the Barrons writer that he'd be in production in two quarters. Well, here we are. And yesterday's PR says he met his timeline. It's pretty clear Larry's reaching hard to find an excuse, and simply ignores facts that don't fit his conclusion; so all sides are NOT dealing with the 'same' facts. Further, in 'fairness,' a 'reasonable interpretation' of events that are transpiring leads one to side with the longs' position. IMHO

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