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

To: John Curtis who wrote (8364)	2/15/1999 12:37:00 PM
From: hcirteg	Read Replies (3) \| Respond to of 27311

JC- More tidbits to ponder: Has Lev ever mentioned the words "stock price" in any of his CC's since his return? I remember hearing from others that the stock price was the last thing he was worried about. Making high volumes of Li-poly batteries was more important. Now, he talks about increasing the stock price but "without hype" as this provides more financing flexibility. So, if stock price is now a "focus" for our CEO, what does that say about his level of confidence in producing batteries? He has "plenty of sources for more captiol" but hopes the stock price will rise to provide more favorable financing.... IMHO...this was the strongest validation yet that we are "on the cusp." What about 20,000 shares just bought by Bert at $7.50 each? Think he feels the stock will appreciate anymore? What kind of P.O. should we expect? Lev answered that...first, it will come from a re-packager and second, it will be a big one! Why big?..well, remeber the AUG CC where he answered a question about selling expense by saying he didn't need a lot of sales people because he was only working with (i think 17) "big" customers? He hasn't told us anything different about that strategy has he? Have you heard Lev even mention any problems or concerns in the last two CC's with regard to production? Has he even mentioned Goo? Laminate problems? No, he hasn't. Why? Perhaps there aren't any! What about the fact that he feels so strongly about Maganese and the size of his battteries? Boy, he sure sounded confident and I feel he has begun his subtle "pitch" to the brokerage houses. IMHO, there have and will continue to be more private meetings with these analysts. Like I said before, if the price is chased higher with supporting increasing volume...then there's the final sign we need that "those in the know" are starting to disclose. One last thing...check out the last 3 months "money flow" chart on the stock. It has been under some serious accumulation. The 12-month chart looks like a sea-serpent that's ready to strike. Really, the pros look real hard at money flow so take a peak at BIGCHARTS.com...it's very compelling affirmation of the bullish outlook on VLNC. Points to ponder... HC