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


To: John Curtis who wrote (24438)6/19/2001 9:24:54 PM
From: john t. brice  Read Replies (3) | Respond to of 27311
 
JC> I think VLNC is probably going nowhere for some time. We need God to follow through on his promise to articulate a business plan with milestones so we can grade the company on their execution and progress. It also seems strange to me that we are now hearing from management that they need to redefine their mission statement to "energy solutions". The mantra up until now has been that they cannot outgrow the market and now we are hearing that the battery market is going to be a commodity business. It seems to me that VLNC needs a consistent, well thought out strategy going forward at a time when the market will accept nothing less. Given current conditions, I think any risk capital I spend will be better spent on down and outers such as JDSU. duckster