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: FMK who wrote (7097)	1/14/1999 10:26:00 PM
From: Larry Brubaker	Read Replies (5) \| Respond to of 27311

Fred, of course at $30 per share and with close to 30 million shares outstanding (once all the conversions take place), you are talking about a market cap. of close to a billion for a company that has yet to earn a dime. Even if they do announce a $100 million contract tomorrow, a billion would be a lofty capitalization for a company that will still have to prove how profitably it can actually make and sell these products.

To: FMK who wrote (7097)	1/15/1999 3:57:00 PM
From: MGV	Read Replies (2) \| Respond to of 27311

"Interesting" supposition fred, try supposing on these facts: VLNC is down 7+% (17/32 on 8 1/8 base, real time quote 3:55) on a day when the major market indices show 2% (DJIA up 200 points!!) and 3% (Nasdaq up 64 points!!)point increases. "Perhaps the overhead supply of this stock has finally run out. The plant visitors may have worked the numbers, and like Don Wolanchuk, see $25-$30 near term and may be willing to start paying double digit prices now that the cheap stock is disappearing." Try as you might, your comments will not move the stock though they might induce good faith commitments by some at their peril.