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: P. Ramamoorthy who wrote (15696)	11/3/1999 9:47:00 PM
From: Rich Wolf	Read Replies (1) \| Respond to of 27311

Hi Ram, The runup on over 600k volume to 6 1/4 was followed by a pullback on light volume. The MMs in play at that time indicated it to be retail trading, mostly profit-taking and short-term traders who don't know the value of what they're holding. This is still a 'spec' (speculative) stock, until they announce purchase orders. From all indications of their readiness and the market's needs, those POs will be following soon. The NRI (Nomura Research Institute) report presented at the Power99 conference in Santa Clara just a few weeks ago indicated the sad state of the lithium-ion battery industry, and the failing attempts of all the players aside from Valence to bring lithium-polymer cells to commercial production. They purposefully avoided all mention of Valence... whistling past the graveyard. LOL!! Contrast that with the online Mobile Computing article, which emphasized the industry's dire need for better energy sources, highlighted lithium polymer cells as the next generation battery technology, and then only posted photos of Valence cells... I suspect the current runup is in anticipation of those POs, whether they happen before or after the call is less important. I smell new money coming online here...

To: P. Ramamoorthy who wrote (15696)	11/4/1999 8:41:00 AM
From: John Curtis	Read Replies (1) \| Respond to of 27311

Ram: >>If I see many gap ups, they'll bother me - ie., more speculation rather than substance<< My sentiments exactly. Oh, and on a parenthetical aside, I still wouldn't pull out the 'ol margin gambit at this point. Even with Hanil's announcement things are still too speculative. We need VLNC management to provide something similar, if not identical. Doing so would in no way violate any OEM naming agreements, but would catylize(spelling?) market sentiment, eh? So come on Lev., let's see some of your hole cards. Heh! As for valuation increases, well...I'd like to see a slow, steady rise than any massive hops(say like JDSU, WHAT a chart on that one!). Massive hop's always lead to gaps which usually end up being filled(ie. retrenchment). Now let's see how today goes.... Regards! John~