VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: hcirteg who wrote (10671)	4/24/1999 12:53:00 PM
From: MGV	Read Replies (2) of 27311

HC Though the company has been a disappointment in the marketplace in comparison with what management has suggested it might do over time, the irritant with respect to VLNC is with statements by cheerleaders that fly in the face of publically available information. At best, the statements are egregiously irresponsible if not purposefully misleading and even fraudulent. A company that fails to execute is a company that disappoints. It is nothing more. Likewise ordinary investors who allocate some of their disposable income on a speculative dream - the stock equivalent of a lottery, I have no problem with them. It is the third category that needs to be exposed and challenged. FTR I've never been short in VLNC (or any other stock). I have mostly been on the sidelines with VLNC. When I've owned it, it has been with insubstantial "toe-wetting" positions. The record with those positions is a wash. Some have been eliminated with gains, a few with losses. Neither the gains nor the losses have been significant. Each has been infrequent.

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