To: James Strauss who wrote (6077 ) 5/9/2000 10:26:00 AM From: Chisy Read Replies (1) | Respond to of 13094
Jim: Orders are just starting to roll in and there is 70%+ shorts on VLNC. Here comes one very big short squeeze, IMHO. Please offer your opinion. TIA Chisyragingbull.com ***UPDATED INFO FOR NEW INVESTORS*** Here are the recent facts. I leave it to the reader to determine VLNC's merits unencumbered by my point of view(shut up noway, heh): VLNC announces new Sales VP with extensive market sector background: content.entrypoint.com VLNC announced in recent weeks four purchase orders: biz.yahoo.com biz.yahoo.com biz.yahoo.com biz.yahoo.com VLNC?s joint partner in Korea, Hanil, announces commencement of lithium-polymer battery production: etnews.co.kr |07 And in late January, 2000, a trade publication confirms this: southafricansources.com CIBC announces coverage, with a buy recommendation biz.yahoo.com A newspaper in Belfast, Ireland, the Belfast Telegraph, writes two articles about VLNC, the first from late December ?99 archives, the second from March, ?00: Message 13583044 Message 13539540 An international newsletter, Taipan, has recently(May 2000 issue) come forwards with a positive evaluation of VLNC potential: taipanonline.com Additionally; one of VLNC?s customers, satellite phone networker Globalstar, is announcing the following coverage patterns within which their VLNC powered product will most probably be available: globalstar.com Free Edgar for recent SEC filings, which have been an accurate reflection of the companies position to date: freeedgar.com Short holdings have increased by 70% in the past month, to just over 4.1 Million: viwes.com Institutional holdings jump from 8.4% to 18.8% in recent quarter, principally on the strength of one investment house establishing a private placement position: insidertrader.com Note that VLNC has been a developmental stage company now transitioning, as proven by the above publicly available news releases, to commercial enterprise. As such it now becomes a question of whether management can meet a forecasted end of year run rate. This is from a standing start of zero. Future earnings releases will prove, or deny, this aggressive goal. Highlow DISCLAIMER: I hold a long term long position in this stock. (Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)