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

To: jean1057 who wrote (7873)2/4/1999 12:06:00 PM
From: P. Ramamoorthy  Read Replies (1) | Respond to of 27311
 
jean - If you are bullish long term, accumulation at low prices and averaging down your cost basis are good. The market knows about VLNC is producing in NI, people are working and shipping batteries, etc. The market needs to hear that XYZ company will use VLNC battery (or VLNC OEM's battery) for their products (laptop, cell phone, etc.). It is important that the announcement (VLNC's or OEMs') links VLNC with the product. Ram



To: jean1057 who wrote (7873)2/4/1999 12:12:00 PM
From: FMK  Read Replies (1) | Respond to of 27311
 
Just a reminder- Valence should now be running 8 hr shifts on more than one production line. The value of the daily production should easily exceed requirements to break even. Soon there should be enough sustained production for large OEM's to make a commitment. We also have joint ventures ramping up.

If today's production rate exceeds breakeven and is increasing, the stock is a steal at today's prices!


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