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


To: FMK who wrote (5167)11/15/1998 10:35:00 PM
From: gvander  Respond to of 27311
 
Bert(MCI dir)anncmnt didn't work in 1992 and won't in 1999--VLNC is starting to crack:

<<Valence's IPO was in 5/92. In that prospectus I find this info: "Bert C. Roberts, Jr., 49yrs old, director", and "Mr. Roberts joined the Company as a director in March 1992."

Conversations with people who know Valence and it's history suggests to me that Mr. Berg, Mr. Roberts and Mr. Shugart are "old buddies." Mr. Roberts resigned as director after Lev Dawson resigned, back in '93; Dawson returns in late '97, and a few months later old friend Roberts rejoins. >>

Reprinted From: Use Solar NRG



To: FMK who wrote (5167)11/15/1998 10:41:00 PM
From: MGV  Read Replies (1) | Respond to of 27311
 
Is that the best you can do?

As pointed out previously, Bert Roberts' previous incarnation as a VLNC director was, if anything, negatively correlated with VLNC success in the marketplace. In no way does that suggest that Mr. Roberts as a director was responsible for the previous failures of VLNC. On the other hand it is evidence that the inferences you attempt to draw from the association is little more than a logical fallacy.