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: Tmoore who wrote (17211)	12/23/1999 8:50:00 AM
From: mooter775	Read Replies (1) \| Respond to of 27311

Excellent, in my opinion. Some will, I am sure, complain about the discount to the current price, but... (1) Capital Guardian is a great institutional name, (2) The pricing formula clearly states it was a prior period average, not a discount to the market, and (3) The company's financing risk, one of the principal risk factors in the stock, has been substantially reduced, if not eliminated. My own guess is that these funds will carry the company to cash flow breakeven, which should be either in Q1 or Q2 calendar quarter... As a long who remains with all his holdings, I am quite pleased and do not intend to sell around these levels.