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

To: Peter O. who wrote (14930)	9/28/1999 11:23:00 PM
From: golden_tee	Read Replies (3) \| Respond to of 27311

To answer your first question, FMK put his money where his mouth was, and lost a lot of it. He banked on VLNC's commercialization far sooner than it occurred. Those bets did not pay off. I suspect that he is, how should I say it, watching from the sidelines now. Wolanchuk is still Pro-VLNC. The term "touting" suggests some level of questionable honesty, which is not deserved. My take on the EPS deal is one of capitulation on Moltech's part. I suspect that they REALLY want EPS for the VLNC connection. They tried to get VLNC technology once and failed. VLNC is their opportunity to make EPS profitable again, and quickly!