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

To: FMK who wrote (1878)1/6/1998 11:14:00 AM
From: Paul Moerman  Read Replies (1) | Respond to of 27311
 
FMK, I appreciate all of your posts, however you've twice now compared share prices of VLNC and ULBI without taking into account the number of shares outstanding. According to www.marketguide.com VLNC has nearly three times as many shares circulating as does ULBI. The current market cap of the whole company is reported as $119.9 mil for VLNC vs $134.6 mil for ULBI. I therefore don't think it's meaningful to compare share prices of the two companies, implying or outright stating that VLNC shares are undervalued relative to ULBI.

I'm a fairly long time VLNC owner (no ULBI), so obviously I see VLNC's prospects in a positive way. Just wish you'd stop with the share price comparisons! :-)

Go VLNC in 1998!!

Best, Paul



To: FMK who wrote (1878)1/6/1998 12:27:00 PM
From: Bill 49M  Read Replies (2) | Respond to of 27311
 
Also you can stop the forecasting.

"I have no doubt that these times are coming and 1998 will be the year!"

You also predicted 25 by year-end '97 last summer, and you also told us in Nov or early Dec, if memory serves me, that you thought we would see mid-teens by year-end I believe.

Otherwise, I appreciate your input. I am long VLNC.


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