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: golden_tee who wrote (24763)8/23/2001 3:27:28 PM
From: Larry Brubaker  Respond to of 27311
 
<<I wasn't selling at $40. I began lightening up my position of trading shares on the way down in the $28-$32 range when the Bull started to show signs of weakening>>

Sure you were, Robert. I guessed I missed your "lightening up" posts as well.

<<you also like to believe that you somehow add value to this board>>

Let's see, about the same time you were cheerleading for the stock to hit $50 (during a period in which you now claim to have sold), here was my contribution to the thread.

Message 13077404

Maybe you consider your mindless cheerleading and insults to "add more value" than a post questioning the ridiculously bullish assumptions rampant at the time?



To: golden_tee who wrote (24763)8/23/2001 4:14:19 PM
From: rli123  Read Replies (2) | Respond to of 27311
 
Press Release

SOURCE: Valence Technology Inc.

Valence Technology Strengthens Management
Team With Appointment of VP of Worldwide
Operations, and Chief System Architect

AUSTIN, Texas--(BUSINESS WIRE)--Aug. 23, 2001--Valence Technology Inc.
(Nasdaq:VLNC - news), a leader in the development and commercialization of
lithium-ion polymer rechargeable batteries, today announced the appointments of
Terry Standefer as vice president of worldwide operations and Deepak Swamy
as chief system architect. Standefer and Swamy bring more than 18 years' and
14 years' experience, respectively to Valence in operations and systems
engineering.

Stephan B. Godevais, Valence's president and chief executive officer, said: ``I
am pleased with the additions of Terry and Deepak to our management team.
We will benefit from their deep operational and industry experience as we take
Valence to the next level of our development. Additionally, our ability to attract
such talent to our team stands as a testament to the confidence all of these
high-powered individuals have in our company and its future prospects.''

As vice president of worldwide operations, Standefer will apply his substantial
expertise to manage the company's operational structure as well as its
manufacturing capabilities and OEM relationships.

Prior to joining Valence, Standefer held several executive positions at Dell in
procurement, manufacturing and new product operations. Additionally, he spent
13 years at Apple Computer, where he managed operations for high-volume
systems assembly. Standefer holds a bachelor of science in physics and math
from West Texas State University.

As chief system architect, Swamy will drive Valence's system activities. Swamy
holds 28 technology-related U.S. patents, with another 14 patents pending, and is
a leading industry spokesperson, speaking at recent conferences such as
Battery 2000 and IBM CTO Conference 2000.

Prior to joining Valence, Swamy was chief technology officer and business development strategist for the PC
and Internet Appliance Division at Acer Inc. Additionally, Swamy led various groups at Dell Computer, where he
was inventor of the year for three years straight; at Supercomputer Systems, where he was a systems architect;
and, at Nortel, where he was a process engineer. Swamy holds a masters degree in chemical engineering and
is a graduate of UT's Executive Management and Leadership program.

About Valence Technology

Valence is a leader in the development and commercialization of lithium-ion polymer rechargeable batteries.
Valence has more than 790 issued and pending patents worldwide, including 284 issued in the United States.
Valence operates facilities in Austin; Henderson, Nevada; and Mallusk, Northern Ireland. Valence is traded on
the Nasdaq National Market under the symbol VLNC. Valence can be found on the Internet at
valence.com.

Forward-Looking Statements

The information contained herein includes ``forward-looking statements.'' The company cautions readers not to
put undue reliance on forward-looking statements. Such forward-looking statements are not guarantees of
future performance, and involve risks and uncertainties, and actual results may differ materially from those
described herein, for the reasons, among others, discussed in the company's reports filed with the Securities
and Exchange Commission.