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Non-Tech : Bill Wexler's Dog Pound -- Ignore unavailable to you. Want to Upgrade?

To: Ben Wa who wrote (8246)8/25/2001 10:57:49 AM
From: Kevin Podsiadlik  Respond to of 10293
 
That just goes to show that just because someone's job is securities analysis that he's any better at it than you or me. No doubt he just read the latest PR and took it at face value, not even scratching down a half-inch to discover that this represents a wholesale scrapping of the battery technology (lithium-ion) that they'd been promoting for years prior.

(That is assuming, of course, that his research didn't consist of making sure the check didn't bounce.)



To: Ben Wa who wrote (8246)8/28/2001 1:51:43 AM
From: Larry Brubaker  Respond to of 10293
 
CIBC is VLNC's investment banker. Shortly after they were paid by VLNC to sell shares, their "analyst" predicted $150 million in revenue for VLNC in the current fiscal year. VLNC itself is now saying $8-$10 million (and isn't saying that $2.5 million of this predicted "revenue" is simply an accounting adjustment). Nevertheless, CIBC hasn't lowered the $50 "12-month target price" it has had on the stock for 18 months now.


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