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


To: MHS who wrote (17319)12/28/1999 10:57:00 AM
From: Larry Brubaker  Respond to of 27311
 
<<PS -- and no, Larry, no one I talked to believes that they sold right away. They are long term holders in their equities, not players.>>

MHS, unlike the Warbucks purchases, I doubt whether Capital Guardian bought their shares for a quick flip. It would be pretty hard to flip $32 million worth of shares without killing the price. So I have to agree they bought these shares for the long-term.



To: MHS who wrote (17319)12/28/1999 11:14:00 AM
From: P. Ramamoorthy  Read Replies (2) | Respond to of 27311
 
MHS,
Your point is well-taken. The investor's reputation is implied, when their name is mentioned. Longs appreciate Capital Guardian is not like Castle Creek that profits from VLNC's trouble.

My focus was an important VLNC-specific issue: cashflow. Cashflow is required to manufacture all those products and deliver.

Aside -
Since I already posted about them, I did not want to belabor the point. Ram