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Non-Tech : Bill Wexler's Dog Pound -- Ignore unavailable to you. Want to Upgrade?

To: Bill Wexler who wrote (5186)	12/2/1999 5:08:00 PM
From: John Curtis	Read Replies (3) \| Respond to of 10293

Folks: I suggest you think before taking the advice of an individual of Mr. Bill's ilk. Consider...he hangs a shingle out here by way of soliciting you to listen to his market advice. Yet he offers you, the "consumer", not one item of evidence, either of an educational or SEC license nature, by which he can validate his public council. By way of evidence of his dubious "council" let me offer the following example: -------- Strong sell/Short sell recommendation: by: BillWexler 3/18/1999 4:26 am EST Msg: 9849 of 18254 Stock is heavily (and fraudulently) promoted by Don Wolanchuk - best known for providing dubious "market timing" advice. Mr. Wolanchuk is also associated with the notorious Carl Lind - who runs a gambling hotline (i.e. daytrading advice for futures and options) for those wishing to lose large amounts of money as quickly as possible. Valence(thw stock being slammed by Mr. Bill) has no revenues or manufacturing capability - nor has it had any for years. The stock is artificially inflated through the dissemination of false reports that the company is on the verge of receiving large orders for its Lithium Polymer batteries. Valence has no such orders pending. There is also a doubt that Lithium Polymer technology could be be made cost effective or practical enough for widespread commercial applications. Valence does not have an exclusive license to develop and market this type of battery. For all intents and purpose, Valence has been nothing more than a battery research lab for the past decade...and not a very good one at that. Despite the fact that Valence has entered into several alliances and joint ventures with several larger firms, the company has yet to show any meaningful progress. In the meantime $150 million has gone up in smoke. Several key executives have fled the company, including its chief technical officer. Valence stock is essentially worthless and nothing more than a vehicle to steal money from small investors and funnel it to insiders and holders of Valence convertibles. ------------- Strong stuff, eh? A clear position confidently held yet back by not ONE bit of proof. And guess what? Today Valence Technology's garnered a $15 Million purchase order from a European cellphone provider. This the second purchase order in as many weeks, with the first one an initial order to a major satellite/cellphone provider. Because Mr. Bill has continually refused to answer my direct questions of him regarding the facts supporting his but one of many similar claims to the above I can only conclude one thing. Mr. Bill is of the very ilk he try's so hard to castigate. That is....Mr. Bill is a Fraud who has neither the education, nor the SEC licenses, to support his financial council on this thread. Bottom line. Either the man's a fraud who provides little or no proof to vouch-safe his position on such equities as he might follow, or he operates in collusion with certain threadsters who tend to follow the short gambit of the market game. And in either event; "Buyer" beware. John~