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


To: Emmo who wrote (2496)3/26/1998 10:21:00 AM
From: Jeff S.  Read Replies (1) | Respond to of 27311
 
Thanks Emmo, I appreciate your support.

John Curtis, why don't you try e-mailing DA. Maybe you can get his e-mail from IR, or the receptionist at Henderson. (I checked VLNC homepage and they just have an e-mail address for IR.) I sure would like to see you go there and eyeball this thing. And if you do go over, please have a Guiness on me!

The fact that the stock is dribbling down, although not very good for my portfolio, does not concern me greatly, if in fact the company will announce, that the "limited" production target was met this quarter. It doesn't concern me because I am reminded of the runup in the stock price right up to the annoucement of LD that redundant equipment would be sent to Henderson. That suggests to me that there is not a significant amount of information leaking out, or else the stock price would have gone down prior to the conference call, not up. Does that make sense?

My sources tell me that samples are currently going to a major OEM. VLNC has until the end of May to BEGIN production rampup to fulfil this OEM's requirements. If VLNC can not meet this deadline, then my guess is that the OEM will not go forward with VLNC.

Jeff