SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : VALENCE TECHNOLOGY (VLNC)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: kolo55 who wrote (11506)5/28/1999 9:17:00 AM
From: William Epstein  Read Replies (1) of 27311
 
Paul M. Klemencic;

While I'm inclined to believe your speculations it should be remembered that the only concrete facts that we all have here is that the announcement of a shipment was made. The shipment is still small, really a test order about 3-4 days production and that the insiders have all bought their own stock and are holding. While it looks good I feel we must ask ourselves is this enough to start creating scenarios for ROI and possible future stock prices? I think, part of the reason the market won't let the stock go above 8 1/2 is because big investors want to see profit. They need something to hang their hats on before committing money. While we are stockholders, effectively, we are functioning almost as investment bankers to a start up company. Most investors don't want to make that leap especially, institutional investors.

As a businessman I know how iffy sales and marketing plans, projections, scenarios really are especially, for a small company without a developed market. This is something you can't get a handle on. You gauge success literally, one customer, one deal at a time and each is hard work, believe me. I love the brainpower being poured into our speculations but isn't too early?
PHOTOMAN
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext