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

To: kolo55 who wrote (3446)	7/20/1998 1:13:00 AM
From: FMK	Read Replies (2) \| Respond to of 27311

Thanks Paul, for finding the section of the 10k and for some excellent market analysis. Regards, FMK

To: kolo55 who wrote (3446)	7/20/1998 9:49:00 AM
From: John Curtis	Respond to of 27311

Paul: Thanks for the input. I know FMK is comfortable with the financing issue, and I'm confident it'll be settled shortly as well(if only because of the many times mentioned cash burn rate). But the reason I keep carping about it is in this Wall Street game there's an old axiom. The axiom? Perception is reality. The simple fact is that to the Street VLNC is running out of cash, so why bother to jump in now? It's too "scary." This is why we need corporate reassurance in the form of a press release. Be that press release about a "bridge" loan from a private financier, or some sort of debt/equity arrangement, we need this announcement else VLNC's valuation stay's right where it is. Perception being what it is, eh? Regarding that news provided by a poster which re-iterates something I'm seeing more of these days, ie. posters names being given up by ISP's, et.al., for legal reasons. Welllll.......I've always considered the web's current environment as something along the lines of the 1880's "wild west." You know, basically lawless, where the ultimate determinate of behavior was the ethical, moral(whatever THAT means), and responsible makeup of the characters that inhabit the land. Those day's last approximately 20 year's before the general citizenry brought it to heel with the rule of law. Of course this process was accelerated by the "bad apples" of the day, and to the extent today's version of the bad apples hold sway, to that same extent does the web's motion towards "law and order" accelerate. Bottom line? Ya gotta be responsible out here, else Uncle Sammy will ultimately be responsible for ya, heh! Regards! John~