To: Larry Brubaker who wrote (21273 ) 8/25/2000 3:48:41 PM From: mooter775 Respond to of 27311 Larry, (Noway), Just want to let you know that I have no problem whatsoever with the short sellers. Hindsight says that they were right in Q1 2000 when when they thought the stock would tank.... They were just as wrong when in 9-11/99 they thought the company would go out of business while it was at $ 5.00 or so... I own the stock and am quite comfortable in my position. I think that later this fall the stock will rise substantially and the existing short sellers will get squeezed a whole bunch. You won't, because you aren't short, despite the volume of your postings here and on Yahoo... But others will.... It has been frustrating for the longs - and heartening for the shorts - that there has been precious little in the way of meaningful announcements in recent weeks (no licensing, no new PDA orders, no laptop orders, etc..). This has put a cap on the stock - which I believe it currently deserves at least until those announcements occur. I think the shorts, if they truly believe that this company either is a fraud, or will otherwise fail due to lack of performance, should continue to short the stock with abandon. (I've no problem with shorting an overvalued stock - I shorted 10,000 shares of STEM yesterday and covered today for a 20% profit - because I think I know a bit about stem cell therapy and what STEM's prospects are as a result of the recent FDA announcement.) But if/when the company makes the kinds of announcements that enable the market to realize that Valence can indeed become a major participant, if not the leader, in lithium polymer cell production, then we will have a sustained rise in the stock price - accompanied by much gnashing of teeth from those who either were short or missed the move. I can wait. I am highly confident that time is on the side of the long investor, not the short - because the company is inexorably (if not tantalizing slowly) fulfilling its game plan. My advise to long term longs (that's a real oxymoron to Noway) is to be patient.... Traders - there are probably better opportunities for a fast buck elsewhere.... Shorts - go for it if you think this company doesn't have the goods! Have a great weekend, Larry/Nowaynohow....