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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: John Curtis who wrote (11815)6/5/1999 11:06:00 AM
From: William Epstein  Read Replies (1) of 27311
 
To All;

The posts are very interesting and they show that VLNC is clearly beginning to ramp up for production. All very encouraging. Now I would ask myself the question. Are they doing it now so that they can promise potential customers that they have a turn key operation, ready to produce or are they ramping up because they expect something definite? The Chicken and the Egg, again. I feel it is the latter of the two. Why? Because businessmen won't usually commit capital unless there is some definite reason to make that commitment especially, when the company is at a point where finances are low. I combine that with the other information and the insider purchases of stock and the indications are strong and now getting stronger that they either, have a commitment for a contract or expect one from some definite source. (my contribution)
Bill
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