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: Larry Brubaker who wrote (16945)	12/12/1999 9:45:00 AM
From: Eli74	Respond to of 27311

The proof will be in the pudding, Larry. We'll just have to wait and see. Personally, I'm quite content to wait and be patient. What would kill this stock would be a failure to execute in terms of production. Right now, I'd have to say that doesn't appear to be in the cards.

To: Larry Brubaker who wrote (16945)	12/12/1999 12:59:00 PM
From: Pallisard	Read Replies (1) \| Respond to of 27311

"And yes, I also find it highly unlikely that VLNC will break even at a $40 million run rate when they are already spending $36 million per year, BEFORE hiring a second and third shift." The second shift has already been hired and is producing product. Since they've been stockpiling batteries for at least three months, I imagine the third shift is also in place. Another false statement on your part, Larry. Are your posts a part of the public service you're supposed to be offering on this thread or are you paid for posting as the devil's advocate? You've never revealed your motives for the enormous amount of time and effort you expend here.

To: Larry Brubaker who wrote (16945)	12/12/1999 1:53:00 PM
From: mooter775	Respond to of 27311

Larry, I have confessed before about being too early on this stock, and I believe I explained why. But I've stayed long consistently during the past two years, and now have accumulated > 350,000 shares. And while you have been correct in much of your skepticism, you have clearly, in my mind, made the mistake of trying to overtrade the stock - and always voicing your skepticism while you are out of the stock. And yet I have nearly tripled my money in the stock - which is ok for a 3 year investment in real size. And you are now sitting out the stock's best rise though trading it, as you claim, for > 10 times this year. All short term, high-taxed gain. So who has been more correct? I think I have, and I have the profits to show for it. And what is more important, I really believe that investors are just beginning to see the company's potential. So be my guest. Stay out of it, since you feel it is overvalued. And I'll bet you will be moaning all the way up. I am quite comfortable in my position in the stock and feel that while those who are risk averse, such as yourself, should not be in the stock until it becomes "more visible" in its prospects, I do feel strongly that those who have already invested, and assumed far greater risk in the past than currently appears in the stock, should not trade out of the stock, except only, perhaps, to lighten some of their margin debt. Let's just see what happens, not only in the unveiling fundamentals of the business, but also in the price over coming weeks and months...