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


To: Pallisard who wrote (12837)7/6/1999 5:25:00 PM
From: Zeev Hed  Read Replies (1) | Respond to of 27311
 
Pallisard, the strength of a balance sheet is a strong indication of the ability of a company to perform. So "clear and present danger", while "modified" by the recent "benevolent" $3 MM financing, is still present. I have great respect for Mooter and others on this thread that have visited management and the plant, yet, when I see a divergence between the technical action of a stock and its supposedly improving fundamentals (a PO is "imminent"), I have no choice but to step aside. With all the respect I have for Mooter (and we met on other threads as wells), I cannot take his eye witness report as facts, he may very well misread what he sees in a plant. I know I have been guilty of such oversights as well.

I was unable to listen on the CC and it was "pulled off" before I could access it, but from the divergence of reports on this thread, it is quite clear that one of the goals of the CC was completely achieved, sow confusion, and it has. That, my dear friend, is a big warning sign for me. There are some many other potential J hooks around, I prefer a "cleaner slate".

Zeev