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

To: FMK who wrote (6623)	1/2/1999 7:55:00 PM
From: Larry Brubaker	Read Replies (1) \| Respond to of 27311

Fred: That is probably a pretty good history of the problems that have been met and possibly now overcome by VLNC. My issue is that your sources seemed totally unaware of these problems as they happened and continually predicted good things were about to happen, even as the next major problem was being faced. Not once did these sources say, whoops, another layer of the onion needs to be peeled and we are probably several months if not a year or two away from a contract. When events forced your sources to retroactively admit there was a problem, it was always something minor but now we are ready to go. Now maybe this time VLNC is ready to go and the stock price will soon go to $20 and you can pat yourself on the back for your steadfast support in this company. But I think even you have been whipsawed by your sources. After all, you have indicated several times that you bought too soon and had to liquidate a large margin position at a loss when the stock price went in the toilet. Maybe if your sources had been more forthright with you, this would not have happened.