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

To: Jeff S. who wrote (1891)	1/7/1998 2:10:00 PM
From: Paul Dubsky	Read Replies (1) \| Respond to of 27311

I agree. However, more information related to the recent departure of 2 high level execs, a manufacturing status update and other PR notices would be nice. But, if I had to choose, I'd rather management work on producing batteries rather than addressing the stock price. I also read an article in the latest issue of Bloomberg personal (by the editor of the Red Chip Review) that with investment in these microcap stocks, investors should expect a bumpy ride. But, those that bail often lose out on the tremendous upside potential of the very stock they thought would be an angel in the first place. Very rarely does an investor time these guys right, if at all! He commented that investors should consider 1) Hang tight, these stocks offer a bumpy ride; 2) Expect these stocks to dip right before they take off; 3) Turnarounds don't happen overnight. Valence has been on a turnaround for 4 years now, but considering the transformation that they've had to endure, not bad. All in all, appears that VLNC is one to stick with from a macro investment perspective. Finally, yet another take on the Cal Reed situation. With the lawsuit years ago, someone had to go. It was Lev (who else?). VLNC needed a competent holdover until the lawsuit could be resolved, who also brought in Masuda. Once the lawsuit is out, Lev wants back in, and gets Cal knocked out of the way. In taking over, Lev gets rid of Masuda because he's Cals guy, and does things his way. (Kalonis Keys, sp?) Why else would Lev come back? He's already made a fortune on VLNC when it was in the $20s, so he really has no reason, other than knowing that VLNC is on the verge, and he wants to be a part of what he helped co-found. Period. Oh well. No stock trading activity to talk about, so I thought this would stir up some talk. (In light of the overall market's tanking, it's good to see VLNC holding its own. Clearly, all of the short terms are out, the strong hands are in, for now, waiting on the big one!) I still can't believe the extremely low volume on VLNC given the large volume in the rest of the market. Interesting. Should I buy more?