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Technology Stocks : VALENCE TECHNOLOGY (VLNC) -- Ignore unavailable to you. Want to Upgrade?

To: Pallisard who wrote (12461)	6/28/1999 9:52:00 PM
From: MGV	Read Replies (2) \| Respond to of 27311

You must truly be an old fool. First, a desperate VLNC long, frustrated by his inability to argue on the merits, scanned the list of stocks that I posted last year and managed to find one that had poor stock price performance. He did not then nor has anyone else since had the integrity to acknowledge that ten other names alongside MIKL have had superior price performance. One stock out of eleven posted. And to boot, MIKL has continued to execute its business plan without a hitch. It has met or exceeded consensus estimates for every quarter and it ha searned $2.00/share over the past year. But that isnt the story. The story is VISX, WCOM, CBS, PMCS, CKFR, AOL, LGTO, EMC, CSCO, XLSW and the others listed alongside MIKL. You clearly have trouble with facts so I'll help you out. MIKL's low was 16 11/16, set earlier this year. It has risen from that level to as high as 25ish before pulling back over the last week. It has 3 strong buy recommendations (out of a total of 3 coverages) from among others Prudential and Piper Jaffray. One other factor open-minded individuals should consider in their decision to buy or sell VLNC is the information stated by VLNC management itself in the latest shareholder reports and filings. It is consistent with prior management filings and explains the poor performance of VLNC in strident terms. It is, likewise, utterly inconsistent with the secret sources and outwardly confident statements of cheerleaders and apologists hidden by the internet platform on which they post. VLNC management expressly has warned everyone to disregard as false what people such as, for example, fmk and mooter75 state on internet chat threads because it usually is inconsistent with what management publishes in reports and filings. The question is why does anyone pay any attention to your vacuous rantings? The short answer is: They don't, if they are intelligent.