SI
SI
discoversearch

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: kolo55 who wrote (3375)7/14/1998 8:40:00 PM
From: John Curtis  Read Replies (2) | Respond to of 27311
 
Paul: I'm not so sure. Red Chip had stopped covering VLNC waaay back shortly after the L.D. "move to Henderson" bombshell. This report will be the first since that time. Correct me if I'm wrong but it doesn't make much sense to stop coverage, and then several months later come back with another report as a "kiss off," no? Of course, I'd be willing to consider this as a plausible option if Red Chip was a "hired gun" conducting analyses for the highest bidder, and/or accepting money from the corporation they're writing up. Then it'd be possible an "enemy" could have hired an appropriately negative analysis. But they're not hired guns, at least not based on their advertising. They make their money by selling their product, in this case, the Red Chip Review letter, either by the letter, by the quarter or by the year. And finally, I doubt the analyst who covered VLNC left solely because of VLNC. Would that a career should hinge on ONE analysis, eh? 'Cause if it did, I think there'd be a lot of analyst's out there looking for work.

My guess is a neutral to guardedly optimistic analysis, particularly IF they've been to the plant. Why guarded to neutral? Well, despite any potential "dog & pony" provided by VLNC to assuage Red Chip concerns, ya still have the reality of the last analyst getting blindsided by that aforementioned bombshell. No heads up, nada, zilch, for Red Chip prior to the call. At least that's my interpretation of the analyst's tone of voice when he asked L.D. in that call, quote, "and just WHEN did you make this decision?" Heh! He did seem a tad miffed. So the analyst who's inherited the job will most certainly be conscious of THAT, and be couching their interpretation in the appropriately guarded manner in light of that fact. Don't want to risk getting burned twice, eh? Still, it's anyone's guess until Friday.

As a long, I'm hoping for the best.

Regards!

John~