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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (33227)2/25/2002 4:48:26 PM
From: Logain Ablar  Read Replies (1) | Respond to of 99280
 
Zeev:

Knowing the fundamentals of the holy one and the carnage within the NAZ why would the stock stay above $1. Remember last time if broke $4 Berg defended it @ $3. We'll he doesn't seem to be doing that now. Today doesn't seem like the capitulation selling day we had then.

With its balance sheet and revenue I really can't see why its above $1. But of course I would have expected it to be @ this level way before now so there must be something behind the scenes.



To: Zeev Hed who wrote (33227)2/25/2002 9:34:17 PM
From: Mike M  Read Replies (2) | Respond to of 99280
 
VLNC is a stock that has apparently captured your attention Zeev. It clearly does not qualify as something that "shows the green" or gives anyone a warm and fuzzy about its likelihood to survive. It does, however, trade with volume and has captured the imagination of many an investor/speculator. I suspect that while your duration of ownership for this stock is undetermined, your temporal "commitment" is, at best, transient (if the bounce doesn't materialize). <g>



To: Zeev Hed who wrote (33227)2/25/2002 9:44:47 PM
From: kozmo99  Read Replies (1) | Respond to of 99280
 
morningstar reversal near 62% fib retracement with a positive stochastics divergence on the compx. why shouldn't i sell the milk cow and buy stocks?

koz



To: Zeev Hed who wrote (33227)2/26/2002 12:00:18 AM
From: Pink Minion  Read Replies (1) | Respond to of 99280
 
May the force be with the holy one, and let's hope it is not a death spiral.

What a POS

thestreet.com

Battery basics: The phrase "going concern" showed up in Valence Technology's (VLNC:Nasdaq - news - commentary - research - analysis) 10-Q for the first time in two years. Valence ended December with $1 million in cash and the ability to borrow $10 million from co-founder Carl Berg.
In its Feb. 14 earnings conference call, the company warned that it has enough cash to stay in business until some time in April. The current cash-burn rate is just under $10 million per quarter. In the 10-Q, Valence said it has only enough cash to last the fiscal year that ends in March, and warned, "If we are unable to arrange for additional funding during the first quarter of 2003, we may have to cease operations as a going concern."

Where will Valence get the additional money? Will Berg, a Silicon Valley real estate developer, ante up more than $10 million? Stay tuned as this saga continues.