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


To: I. N. Vester who wrote (15521)10/29/1999 1:22:00 AM
From: Larry Brubaker  Respond to of 27311
 
Interesting link about a company taking on the floorless bandits.

Message 11742863



To: I. N. Vester who wrote (15521)10/29/1999 11:20:00 AM
From: P. Ramamoorthy  Respond to of 27311
 
Yesterday's volume was slightly higher than the daily average, with some good buying at the close of the day. Today's volume and price movement will be of interest, especially the price, regardless of which of the two coming to an end, or (2) lack of VLNC "month-to-month" financing deal announcement. I believe that the absence of new financing deal (before the conference call) adds more significance to VLNC investment and current price movement, rather than the CC hedging games. CC is a distraction at best.
It is more important for VLNC to show that they are capable of running operations without further equity financing. As Tickertype would confirm, their plan was to be cashflow positive or breakeven(?) in the Dec qtr.
The CC game gives another opportunity to add cheap shares.

Countdown starts on Monday Nov 1. just my opinion. Ram

Edit - looks like the price is already up 1/8 on low volume.