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

To: Tickertype who wrote (15392)	10/23/1999 4:48:00 PM
From: Mark Johnson	Respond to of 27311

I totally agree Ticker. The time I spend on this thread is in direct correlation to that article. I'll be posting excerpts from that article to point out the manipulation, and hyperbole so prevalent from the naysayers. I've never tried to predict day to day prices....I can't...But what I do believe in... is the technology, and the role Valence intends to play in worldwide marketing. For that I've/we've been ridiculed. MJ

To: Tickertype who wrote (15392)	10/23/1999 6:25:00 PM
From: MGV	Read Replies (2) \| Respond to of 27311

Regarding development stage companies and revenues or the lack thereof, I don't fault VLNC for not having revenues (even though they have been disclaiming development stage status fo months yet still show no significant revenues!) as much as for having sustained negative working capital. Development stage companies with good prospects have little problem being capitalized even though they will not have revenue for some time. VLNC is distinguishable on this point and it is a significant, troubling distinction. I challenge anyone to reconcile this point.