SI
SI
discoversearch

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: John Curtis who wrote (19670)5/12/2000 11:38:00 AM
From: John Curtis  Read Replies (1) | Respond to of 27311
 
***UPDATED INFO FOR NEW INVESTORS***

Here are the recent facts.

Major insider, Carl Berg, buys 140,000 shares, in the open market, in mid-April:

freeedgar.com

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

VLNC also has 239 issued patents related to product and manufacturing processes:

valence-tech.com

Note that VLNC has been a developmental stage company now making the transition, 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.

John~
DISCLAIMER:
I hold a long term long position in this stock.