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

To: FMK who wrote (12528)	6/30/1999 9:01:00 AM
From: Mark Johnson	Respond to of 27311

Brubaker is slammin' and spammin' again. Again Larry bought a small stake in Valence before the last call and has now gone ballistic again cause he didn't hear what he wanted to hear...LOL..same'ol..same'ol Larry leadin' the ranks of the gutter crowd now predicting 3 before 8. We'll have to wait a awhile..but what else is new. The facts are Valence is shipping product to Alliant and Hanil. Valence has signed off on the Hanil production machinery and it looks like Samsung or another Korean entity will be using the Valence battery shortly. Alliant seems to have convinced the US Goverment that the Valence battery has a place in major future applications and the street hasn't recognized these events...oh well stranger events have transpired. If you let Brubaker and his crowd scare you into dropping your candy..well...too bad. The bigger the short interest the more excitin' it gets,, remember Curtis' comment about luvin' speculatin'. Good luck longs!!!

To: FMK who wrote (12528)	6/30/1999 9:55:00 AM
From: Zeev Hed	Read Replies (1) \| Respond to of 27311

Fred, your post assume $30 MM in profits and 40 MM shares, how do you get from that $7.5/share? I get $.75, and that of course assumes that everything will be "dandy". You must realize that at $1 billion in annual sales, they will need a good additional $100 MM to $300 MM in working capital to support receivable, inventories and other little "working capital items" , and thus probable increase in the number of shares. On the other hand, if one has visibility of $1 Billions in sales in let say three years, then indeed the current stock price is low. Zeev