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


To: Eli74 who wrote (6425)1/28/2000 9:45:00 PM
From: Kevin Podsiadlik  Read Replies (1) | Respond to of 10293
 
1) The original shipment was to a Korean joint venture partner, (Hanil), not, as you put it, a subsidiary.

Semantic goof on my part. Same concept, though, basically selling to themselves.

2) Since that time there have been two additional contracts announced, one for $2 million to Moltech, and another to a as yet un-named company for $15 million.

Making VLNC's market cap equal to 61 times next year's sales. Like I said, that's a lot of future expectation priced into the stock.

I suppose the anonymity of the source of 88% of VLNC's current revenue potential doesn't bother you in the slightest. Actually, that's a surprisingly effective stock promotion tactic. The more you leave to the targets' imagination, the more favorably they mentally fill in the details.

I could go on, but I think the larger point has been made, as to why Bill ignores requests for proof of his claims. That whole long post of mine probably convinced nobody of anything regarding VLNC, nor did your reply. Thus it was all a waste of time for me to write the initial post, for you to read and reply to it, and, to an extent, for me to write this very reply. So I'm going to break the chain, let you have the last word if you want it, and go enjoy the weekend.