Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: taLuis who wrote (1852)	12/31/1997 5:34:00 PM
From: Paul Dubsky	Read Replies (3) \| Respond to of 27311

Well, you've basically summed up the two schools of thought related to buying VLNC. You can buy now, at its apparent bottom, or wait until news comes out, and buy then. The difference would be the price, but you'd be a lot safer waiting for news. Well, it also sums up the difference in investment philosophies. Wait for the news, or buy in anticipation of it. Risk - reward. Production in 1st Qtr 98 means during the Qtr, which when referenced by VLNC, is calendat Qtr (Jan - Mar), even though this is actually VLNCs 3rd or 4th fiscal Qtr, ended in March, 1998. It's a little confusing, but bottom line, management has assured of high speed production sometime between Jan and Mar of 1998. It could happen Jan 1, or it could happen Mar 31 (or it may not happen at all). There was some talk on the thread earlier that the initial drop in price of VLNC was attributed to VLNC not being able to deliver on their own internal deadline by mid-December, due to some laminating difficulties. However, those are supposedly resolved and now expected to be deliverable around mid-Jan. All of this is based on previous posts to this thread. If you're interested in more detail, just surf through the thread. One word of note. VLNC is extremely volatile, both up and down. If they do announce a deal, liklihood is that the big money managers will know about it first, pushing the stock to high single digits. ONce it's officially announced, it'll be in the mid teens before you can get on board. All totally based on my opinion only. But, I've been with this stock since 1993, and know what it can do, both up and down. Good luck.