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


To: Zeev Hed who wrote (15946)11/11/1999 1:13:00 PM
From: Chisy  Respond to of 27311
 
Demand for a battery that can operate a lap top for 8 hours is huge. How many net stocks are reporting earning and selling for unbelievable multiples. I am not too sure that investors will sit around waiting for proof.



To: Zeev Hed who wrote (15946)11/11/1999 1:17:00 PM
From: Larry Brubaker  Respond to of 27311
 
Zeev, good point. SCUR is another example of a stock that is moving now that its floorless is removed.



To: Zeev Hed who wrote (15946)11/11/1999 1:40:00 PM
From: Cathi Wierzbicki  Read Replies (3) | Respond to of 27311
 
Hi Zeev:

To what do you attribute the very weak market response to today's news? Since this is the first, albeit small, validation of customer acceptance of VLNC's cells, one would have expected a much more impressive move.

New technology stock prices jump WAY ahead of profitability these days. Investors just have to believe that eventually the technology will be profitable before they initiate powerful rallies. Is this an indication that prospective investors are still not convinced about profit potential based on concerns about yields, margins or production capacity?

I can't imagine that CC's remaining stake in the floorless issue is keeping investors sidelined, since it is likely already hedged. Perhaps the month to month financing creates selling pressure that makes investors hesitant.

Whatever the reason, it is disappointing that today's "material event" got such a lukewarm response. What is your interpretation of this market action?

Thanks.

Cathi