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: FMK who wrote (2270)	2/20/1998 1:47:00 AM
From: Larry Brubaker	Read Replies (1) \| Respond to of 27311

FMK: Yes, VLNC announced they plan to produce some batteries. Unfortunately, they made it clear in the conference call that they will not be producing many, they have yet to solve the problems that will allow them to scale up production, and there is no guarantee they will solve those problems. Mumbo jumbo about how mixing a 500 lb. vat of chemicals is different from mixing a 5 lb. vat. Maybe so. I would have liked to hear a clearer explanation of the problems, and their steps and timelines for addressing them. I'm sure they could have provided a better explanation of the situation without giving away trade secrets. My guess is the stock will revisit $4 before it sees $8 and $9 again. Just my opinion, which is wrong quite often.

To: FMK who wrote (2270)	2/20/1998 10:45:00 AM
From: John Curtis	Respond to of 27311

I have to agree with FMK at this point. Excepting the price, however. On that particular issue I feel that with judicious, disciplined buying, you should use this next 4/6 months to add such shares as you're comfortable with as a percentile of your over-all speculative holdings. I myself have set a buy zone of sub $5, feeling that the downside from that point is minimal, and the upside potential is an EASY double, if not triple.. I think we will re-visit that level simply because there's nothing more to say for a while, either here, or from VLNC corporate. As such I expect volume to dry up, causing such remaining volume to most likely be selling(EH...excepting my greedy buying when it breaks that $5 line, heh), and hence causing a weee slight negative bias to the trendline.....indeed this very thing appears to have started. Regarding these recent days I recognize that, for me, day trading is a matter of luck, not skill(not to mention nimble fingers at the 'ol enter key)......and I attribute my recent VLNC profitable experience to exactly that, and nothing more. I'm nothing if not humble when playing this game! ;-) So by loading up now, in that aforementioned disciplined manner, while VLNC's waffling around sideways waiting for direction, you MAY maximize your longer term portfolio profits(hey, it's allll a gamble after all). And given the recent PUBLICALLY relayed VLNC news, me think's it's a gamble worth taking......so, plan your moves and exercise accordingly is my rule....... Meanwhile, there's not much more to say, except by way of gossip, until COMMERCIAL production is a reality. IMHO, of course. John~