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

To: mooter775 who wrote (7609)	1/27/1999 12:07:00 AM
From: MGV	Respond to of 27311

Oh you are wrong there mootie, it is what I didn't read (and what you didn't hear or "think") that is the beacon. you said you "heard" only buy side analysts went to Ireland. If true, then it signifies VLNC could not even persuade sell side to go (which implies that it continues to suffer a poor reputation on the street due to its 1994 fiasco). You might ask why should VLNC ask sell side to go. It would be an inane question. VLNC needs capital (by your count 270 employees and batteries rolling off the line(s)). If it believes it is anywhere near production capital requirements will increase to finance WC. According to its shareholder report it owes more short term debt than it has liquid assets to pay. It needs cash. Sell side delivers cash. The investment bankers float debt and equity to the capital markets. Sell side analysts promote the stock. Hence, if your information is correct it is a bearish signal that sell side was not invited or did not bother to go. Every one of your points have been moot. " I have posted this before, and ..... " Yes, you did. It was lame the first time you posted it. It is what I expect from you. You are consistent. Good name for you: moootie Read it again, answer this time. techstocks.com