Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Chisy who wrote (14934)	9/29/1999 7:14:00 AM
From: P. Ramamoorthy	Respond to of 27311

Chisy, Re.:"Which may be why they don't yet have a sales force. Any comments?" They said they did not need a sales force because they were working on a few large contracts with a handful of OEM's. Under this scenario, they do not need a sales force but a group of engineers that would work with OEM testing - aka technical support. Re.:"...they may not be able to produce a cost effective product..." If this is true, they should not be in the business. Ram

To: Chisy who wrote (14934)	9/29/1999 8:55:00 AM
From: kolo55	Read Replies (1) \| Respond to of 27311

Did you read previous SEC filings? There wasn't anything negative in the recent SEC filing that wasn't in previous SEC filings. If fact, if you compare the filings, the recent filing was more positive than previous filings. They really can't say some of the positive things you would like them to say, until they are shipping large quantities of commercially available batteries. The SEC filings are intended to identify all reasonable risks (among other things), and this is a speculative stock. The SEC filings are not intended to provide a balanced investment analysis of the company prospects. Normally we would get that from an analyst(s), but at this time, Valence is not covered by an analyst (from what I know). Again this is a company transitioning from R&D to commercial manufacturing, which is what it says for the FIRST time in the SEC filing. In order to see the changes in the SEC filings, you need to compare with previous filings. There are several people on this thread who never read the SEC filings before they bought the stock. Then AFTER they bought the stock, read the filings, became disillusioned, and sold. I would never buy a stock until my due diligence is done, and that always includes reading the SEC filings. This is especially true for a speculative stock like Valence. Valence has been expanding their sales and marketing effort. Bill Battison (sp?) is their Marketing Manager. Have you ever tried to call the company to find out what their current marketing plans are? The last time someone on the thread spoke to Bill, he reiterated what has been said in the conference calls. Essentially all the major laptop computer makers have received and have tested, or are testing, Valence cells. In addition, some of the largest cellphone manufacturers are being targeted by Valence. Finally, regarding the quote from John McMillan; Price alone is never the only selling factor. If this was true, then everyone would be driving Yugos. The important factor is total cost/performance. From reading the threads, you should have already picked up that $/Watt-hour is the pricing metric. The key performance metric is Watt-hours per kilogram, as well as form factors (slimness), and recharge characteristics. Valence has the best performance metrics that we have seen for existing batteries, and new batteries where mass production plants have been built, and the battery specs have been released. Paul