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

To: Zeev Hed who wrote (9301)	3/14/1999 9:24:00 AM
From: Dennis V.	Read Replies (2) \| Respond to of 27311

Zeev, the commitment by VLNC brass is not entirely monetary. They're out there, with a lot on the line. For some, it's the final "hurrah". There is ample incentive to go around. Personally, I don't like to see you characterized as an evil manipulator. Some VLNC boosters are going too far with this line. As far as your advice to Wexler, this has been sage, to say the least. His rants have been startling and incredible. If he backs off now, the silliness will have been forgotten in a few weeks and that is in his best interests.

To: Zeev Hed who wrote (9301)	3/14/1999 1:34:00 PM
From: Tickertype	Respond to of 27311

I think your comments about the VLNC bulls in posts #9301 and #9302 are pretty much on the mark. Many of us do have a substantial part of our assets invested in this venture in the hope that it will meet with the kind of success Don Wolanchuk has been predicting. To some of us the difference between success and failure probably amounts to being able to jet off to the South Seas in the winter after retirement, or just staying home and worrying about the heating bill. While I think human nature dictates that we like to see the positive side of things, we certainly don't want to turn a blind eye to any situation that could seriously jeopardize our chances. If word came out that the laminating equipment or assembly line had serious reliability problems, or that the batteries are experiencing a high mortality rate, or any other serious development occurred, I know that us bulls would be as eager to have the facts revealed as the most vocal bashers would. But the continuous attempts by some to find only negatives, based on assumptions about what COULD happen, gets old after a while. So on we go, waiting for the next turn of events, and watching this SI soap opera being played out. At this point I have not seen anything that would change my bullish stance, and I do agree that there is plenty of risk involved. But after the company's statements at the annual meeting and the last cc, I think the risk factor has diminished quite a bit. Regards, - T -