Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Gordon Quickstad who wrote (6932)	1/9/1999 3:58:00 PM
From: FMK	Read Replies (2) \| Respond to of 27311

Gordon, If you look at indicators such as the increase in employees to 270+, the extension of financial deadlines, statements by Lev regarding more production equipment such as "...I wouldn't have ordered it in a million years if I thought there was a chance of failure", and the capability of being profitable with just one production line, the risk factor of missing the inevitable run-up increases with time for being on the sidelines. I was burned also by the bogus s3 selloff. I still maintain that improved financing has not affected the status of lines 1 and 2 or lessened the probability of success. It was the poor wording of and misinterpretation of attorney disclaimers by someone who didn't take time to carefully read and think before hitting the panic button. I recall an observation that the S3 had been available to brokers and institutions several days before being posted on the internet. It didn't seem to bother the professionals. Filling out required paperwork to register a positive event shouldn't have triggered a selloff. IMO the stock should be $5 higher now and still considered a bargain. I think the bruising and pain after the stampede is worse when there wasn't a fire in the first place. All I can say is, make the best of it and take advantage of the temporary low share price.

To: Gordon Quickstad who wrote (6932)	1/9/1999 8:43:00 PM
From: Jacques Tenzel	Respond to of 27311

New Insider Trading: Bert Roberts bought another 10,000 shares on the open market on 12/29/98. Now that's a new positive indicator. Wish it was more shares but I'll take what I can get!!! Jacques

To: Gordon Quickstad who wrote (6932)	1/9/1999 9:50:00 PM
From: MGV	Respond to of 27311

At the risk of alienating Gordon Quickstad from the VLNC cutthroats (you know - the ones who can't bear hearing anything that would pierce their "painting" of the VLNC story), the following is an eminently sensible point: A Sugar Daddy could have made a better deal, say, for $20 million of capital, and it just wasn't done. They would have been made aware of every aspect of where the company stands. It seems such types might have been reluctant to step up because of the threat of the Japanese juggernauts, or even perhaps ULBI. The rescuers wouldn't have been able to find out much more about competitors than we are, because of their intentions, but they would have known a lot more than we do about VLNC. $20 million to one of these types is probably much less percentage-wise than most of the posters here have invested in VLNC, with a lot less consequences if were lost.