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

To: eli74 who wrote (16899)12/10/1999 2:00:00 PM
From: MGV  Respond to of 27311
 
From Herb Greenberg on VLNC:

"And remember Valence Technology (VLNC:Nasdaq)? For years it supposedly was going to come up with a hot new battery technology. I pounded on Valence day after day, back when it was based in the Bay Area and I was with the San Francisco Chronicle. (I hit it so much, I guess, that the company moved to that hot technology haven of Henderson, Nev.) This time, I am told, some very smart people believe the company really does have something that will be a big-time success. I say treat it like you'd treat a supposedly hot drug in Phase 3 clinical trials. Too many of those turn out to be disasters."



To: eli74 who wrote (16899)12/10/1999 2:04:00 PM
From: MGV  Read Replies (1) | Respond to of 27311
 
"I don't claim to know the number of procedures that have been performed by VISX relative to its competitors, but to me the important thing, given the ruling that patents were not infringed, is that over time competition will severely erode if not completely eliminate the $250/procedure revenue stream that VISX has received in the past, thus reducing (I suspect severely) the future revenue stream to VISX."

You just aren't worth the time to explain it to you.


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