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: Pallisard who wrote (11522)5/29/1999 8:45:00 AM
From: Zeev Hed  Read Replies (2) of 27311
 
Pallisard, you are right that some companies can burst on the scene and grow at fantastic rates from almost nowhere(QCOM, RMBS are recent companies that due to a very strong IP, or even a strong "business model" could achieve that, QCOM "has arrived" while RMBS is still on the "threshold", and you can add to that some of the internuts like AMZN), but the key to such an achievement is that the IP or the business plan be supported by excellent capitalization.

When it is not, you end up with failures like Iridium recently, or TRKN last year, that attempted to go from $10 MM to $100 MM plus in sales without the proper financing and at the wrong time.

VLNC has the same potential and if they can manage to get a secondary for $50 MM or so in the mid teens, and the competition has not managed to establish a foothold, they'll do fine. Time will tell.

Zeev
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext