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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: chester lee who wrote (10835)4/28/1999 11:58:00 PM
From: Bill Wexler  Read Replies (3) of 27311
 
Good point, except that Valence's horrific track record would more strongly imply that this is yet another round of dilutive financing designed to keep the scam going. Valence did not "clean house", management defected - including (most alarmingly) the CTO. I also question the quality of new management.

If you study VLNC's history you'll soon see that this same song and dance has been played out before.
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