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

To: FMK who wrote (6636)	1/2/1999 10:07:00 PM
From: DStandish	Read Replies (1) \| Respond to of 27311

Fred, We don't have your prediction for the high share price in 99. I think you indicated you felt comfortable with $100 by year's end. If anyone has cause to be conservative, based on being bitten by the delay snake, it is you. My prediction is $50. I think and hope it will go higher but frankly I would be happy with Larry's prediction of $25. Since I was able to grab a bunch in August at around $4 that would be the best play I ever had on the market and would make up for all my blunders. Your comments about this stock having more potential than any other you and some analysts have ever seen rings true to me. When you see what the insiders are gambling it makes our bets seem a lot safer. They know what they have and they must have a pretty good idea when the party will start. They bought in August and September. That gives us some indication that its almost time to get out the hats and buzzers. I agree, this isn't the time to be sitting on the sidelines. At $7 and change this may be the bargain of the century. When a contract is announced there will most likely be a big spike up and us little guys won't have the good fortune of being able to get in at the beginning of it. Plus, it is always a little scary, and usually not good practice, to chase a stock going up. How about it Fred? Are you ready to give us your number?. David

To: FMK who wrote (6636)	1/2/1999 10:07:00 PM
From: Larry Brubaker	Read Replies (2) \| Respond to of 27311

Fred, are they not now working on a still newer version that will "obsolete" the old version? Why not wait another year, dilute the stock some more, face bankruptcy a couple more times, and allow more competitors to enter the arena so they can maybe earn more money a year from now than they would be making now? Fred, sorry but this one makes no sense either. During the last year, the price of LI batteries has come down while the performance has improved. The competition has not been standing still while VLNC perfects its product. If one of these major competitors is close to putting out a similar product, they could bury VLNC though price competition, just as they buried the profitability and stock price of MU, the well-capitalized, low-cost producer of DRAM.