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


To: LiPolymer who wrote (18649)3/10/2000 1:43:00 AM
From: Larry Brubaker  Respond to of 27311
 
LiPolymer, yes I believe VLNC is overvalued. Today's SEC filing is yet more evidence of this (still very limited amount of product for sale, still lousy yields, still further development needed to produce in commercial quantities). But no, I have no intention of shorting it at this point. The current market seems to love tech stocks with no earnings. As long as the tech bubble remains intact, shorting speculative story tech stocks is a big mistake no matter how overvalued they are.

It may make a great short when the bubble bursts. Or by then they may solve their mass production problems and actually justify a market cap. of a billion plus. We'll see.



To: LiPolymer who wrote (18649)3/10/2000 10:18:00 AM
From: Socalsteve  Read Replies (1) | Respond to of 27311
 
Interesting...average trade size this A.M. is approx. 1100. Must be a few people out there with alot of money that can't read SEC docs.

Steve