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


To: Tmoore who wrote (2312)2/22/1998 9:48:00 PM
From: FMK  Read Replies (1) | Respond to of 27311
 
Tmoore, the recent volatility widens the range for any prediction, but I wouldn't be surprised with a share price anywhere from $6 to $12 by the end of March. Within the time frame we may likely see a financing agreement, a joint venture or working agreement with a larger company, another contract for the Alliant/Valence joint venture and perhaps one or more contracts which may be more likely in April.

I would expect any one of these developments to significantly move the stock. In the absence of news, I would expect share price to gradually increase in anticipation of these developments. I am not overly concerned about the company's cash situation - I believe it will be available if and when they need it

I remain convinced that they will successfully ramp up production and that we should look forward to eventual high profit margins in the laptop computer area.