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

To: Paul Dubsky who wrote (1221)10/30/1997 9:09:00 AM
From: John Curtis  Respond to of 27311
 
Paul: If she falls today in sympathy with the market, then my truck backs up once again. If FMK's posts are accurate(and I've no reason to doubt), then this could be one whale of a buying opportunity, eh?

John~



To: Paul Dubsky who wrote (1221)10/30/1997 9:12:00 AM
From: webpilot  Respond to of 27311
 
The market valuations in this group seem very strange. VLNC with no revenues has a selling price of 5.33 times book. ULBI with product line and revenues sells at 3 times book. Ulbi also seems further along with their production line. I guess in these markets the general public doesn't look very closely at valuations. People on the SI threads do look and investigate, however stock prices indicate that the public does not.


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