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


To: John Curtis who wrote (1535)12/4/1997 7:15:00 PM
From: Emmo  Respond to of 27311
 
Here's my problem; The technology is sound based on the number of other companys involved in the same product. The demand is clearly there and users are begging for more power. The partners are there based on the line- up of joint-ventures and money thrown at this company by those with deep pockets. Production is rumored to be just around the corner and...THE CEO QUITS!!!!

If one is to believe...say... 5% of what is posted on this thread, then the company is moments from mass producing these wonder batteries. Or at least announcing a major contract. But wait--- the man in charge of all this soon to be anounced goodness..QUITS!!! WHY?? His job is done???--no, because this company has yet to show any profit. Production has begun???--no, they are not producing anything that is official.

So whats left? Just a vacuum of information. Seems like there is a black hole in the Nevada desert sucking up all information on this company. Yea, they have conference calls,,but mostly to say yes we are still working on "it". I can't accuse them of hyping the stock (pump and dump) so they may have come up with another twist on the scam,,,,"silence",,,don't say anything, let'em all guess what is going on. The anticipition alone will double the stock price.

Right now there is a tremendous amount of uncertanity surrounding this stock and a lot more folks more interested in selling then buying.

Stocks remain a game for insiders and this has been a perfect example.