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

To: add who wrote (6883)	1/8/1999 12:34:00 AM
From: FMK	Read Replies (2) \| Respond to of 27311

Being first with mass production capability of the best product should make Valence shareholders very pleased. As Lev stated during a recent conference call, Valence has been working on this technology for almost 9 years, and have taken time to patent solutions to problems along the way. He predicted that it would be difficult for competitors to get very far with a similar technology without stepping on some of Valence's patents! Production efforts by Sony and Sanyo are a statement that Valence's efforts have been directed at a product with high worldwide demand. We are fortunate to have a substantial head start! exchange2000.com

To: add who wrote (6883)	1/8/1999 1:28:00 AM
From: MGV	Respond to of 27311

Recent article is on point with the following information: 2. Competition and Proprietary Technology: VLNC has no head start. By VLNC's own admission, the technology you represent gives them a head start (Bellcore) was licensed to at least 11 other firms. R&D is always relevant. Always. That is why Intel, Microsoft, Sony, and other dominant companies continue year after year to invest increasing sums in R&D. To say that VLNC's R&D "is no longer so relevant because they are gearing up to mass produce" is another patently incorrect statement. First, VLNC is not ready to mass produce. Again, credible industry information sources say that no one, neither Sny, Sanyo, Matsushita, nor any of the other smaller companies (ie VLNC) working on lith poly battery technology will bring batteries to market before mid to end next year. Second, no one stops R&D because the technology continues to evolve. You know that. Everyone knows that. No other bellcore licensee is as poorly capitalized (and therfore at a greater competitive disadvantage in developing commercially acceptable lith poly battery technology) as VLNC. By any definition, their financial status is desperate. With negative working capital in March and no new capital since, what is VLNC waiting for? The logical conclusion is that they are trying and failing to obtain new capital at non-destructive terms. Why would a company with a snowball's chance of earning $95 Million in net profit in 1999 (as FMK recently has promoted), with a current market cap of approx. $115 Million, isn't immediate prey to someone with the capital that VLNC does not have. Wolanchuck: The street and history are littered with market timers who enjoyed their 15 minutes of notoriety. I'm reminded, when it comes to market timers, of the saying: "Even a broken clock is right twice a day." All of the great investors of our day, most notably Buffet, eschew market timing as folly, something that sells newspapers, nothing more. Wolanchuck could not be proud of the unsuccessful record he has with respect to VLNC. Those following Wolanchuck's advice w/r/t VLNC have lost money because of the advice. FMK asks why should someone discount Wolanchuck's VLNC recommendation "so quick." So quick? VLNC is approaching insolvency. How many more dollars do you expect people to contribute to VLNC and how many disappointments must they endure before concluding that Wolanchuck's and FMK's touts may be flawed? techstocks.com

To: add who wrote (6883)	1/8/1999 1:50:00 AM
From: I. N. Vester	Read Replies (2) \| Respond to of 27311

add: thanks for posting the article. it confirms that plenty of financing should be available to vlnc, viz. 'entrepreneurs are interested in investing in it'. am i afraid the Japanese will huff and puff and blow Valence away? Please explain the logic of why you think i should (a little detailed analysis please, not just run around and shout logic). 'they have more money and they're big companies with lots of mfg experience so how could anybody ever compete with them?' we know that vlnc has the production process working. If you doubt that you should be long gone outta here. No sense even talking about it. In case you hadn't noticed, times are not so good in Japan and the yen is very high too. I really doubt that Sony or Sanyo can drive vlnc out of business by selling at a loss. Competition will drive margins down, but from what we have heard in the valence CCs, we can expect very low mfg costs. I guess mr. darnell was not listening and has not grasped that it's much cheaper to roll out li-poly than to can li-ion. Hell, even i have been able to pick that much up and I'm just an investulator, not a professional battery bullshitter. Go figure. If they were already in production, I could believe that they might be able to conspire with the Japanese national bureaucracy to keep VLNC out of the Japanese market. That game has been played before. It's a lot harder now, tho. We do know where Valence is in developing the mfg process. Nobody knows how long it will take the Japanese. Are you thinking about investing in a business, or is this just a game of hype to you? I'm not going to bother to answer any more silly posts unless you show the power to come up with something more intelligent than this kind of 1 line bs shot as though it's some kind of trump card. I've said it before. Only a fool pays attention to the braying donkey. Well, fool me twice, shame on me....