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: AlexSun who wrote (8301)	2/14/1999 12:39:00 PM
From: Harold Hertzfeld	Read Replies (3) \| Respond to of 27311

Prudential Research dropped coverage of Valence 3 or 4 years ago. I do not know of any major brokerage firm analysts that could publish a research report on Valence, yet. Hopefully this will change with some news of solid verifiable purchase orders and adequate disclosure as to manufacturing capability to produce a battery at a profit. As you know a lot of stockholders were badly hurt by investing in Valence in the past. The stock dropped from the high 20's to under $2 when Valence told the public that the battery could not be manufactured successfully at that time. My clients have the above background and have invested in Valence with the understanding that it is a very high risk and high reward choice. The stock could go to $2 or $3....and it can go to $ 50 or $ 100. I constantly remind them of this risk-reward and have even encouraged some of them to sell the stock if they cannot tolerate the loss of most of the investment. (None of them have sold.) I cannot recommend adding to any position until a PO. All I can do is to keep them up to date as much as possible.