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


To: FMK who wrote (9286)3/13/1999 11:06:00 PM
From: Larry Brubaker  Read Replies (1) | Respond to of 27311
 
<<Discount a little more and take $4 per share x a PE of 12.5 (half the market multiple) and a $50 share price is indicated.>>

If that is such a certainty, Fred, it seems a little strange that the market price has declined by 40% since they first unveiled this wonderful scenario to analysts in November.



To: FMK who wrote (9286)3/14/1999 8:22:00 AM
From: Zeev Hed  Respond to of 27311
 
FMK, fraudulent? as I have said, I do not think so, a high stake poker game? Quite possibly.

Zeev