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

To: The Ox who wrote (8914)	3/4/1999 5:32:00 PM
From: nealm	Read Replies (2) \| Respond to of 27311

Michael, Welcome to VLNC. The company's status is cloaked in secrecy, and I wouldn't bet on an RFMD like performance just yet. Some will argue that secrecy is the nature of the battery business, but it's still a bad way to make an informed investment decision. The bottom line is the company has no production purchase orders, with only vague allusions to OEM testing (the names of the OEMs are secret too). So were limited to speculation. The good news is, if VLNC can delivery batteries in QUANTITY to OEM specs. their stock holders will make a killing, that is until one of the Japanese giants comes in and buys'em out. Also, their financing is running out so the clock is ticking. Personally I'm waiting for the P.O. announcement. Regards Neal PS. I forgot to mention, the entire management from CEO on down has turned over TWICE in the last 5 years. So I wouldn't get too excited about new hires

To: The Ox who wrote (8914)	3/4/1999 10:08:00 PM
From: Larry Brubaker	Read Replies (1) \| Respond to of 27311

Michael, since you are new, I'll be gentle <VBG>. You make the point that "up til now, VLNC has been strictly an R&D company." What makes you think that situation has changed? I must have missed the announcement of a purchase order. Of course it makes no sense to refer to the new hire as having been brought in to "turn around" VLNC. My posts were in response to posts which had touted the way the new hire had "turned around" IWRK. From what I can tell, I doubt that many IWRK shareholders during the time of Mr. Wright's tenure would agree with that assessment. As far as the thread not having focus, it is a sign of the lack of tangible information from the company. You read the SEC filings and you see a horror story. You listen to many of the posts on this thread and you expect to be rich in a matter of weeks. The truth is probably somewhere in between. This is the way its been on this thread for years. Enjoy.