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

To: Rich Wolf who wrote (10464)	4/15/1999 11:16:00 PM
From: Richard M. Jimmink	Respond to of 27311

Rich After hours sale of Valence at 7. Bid price. RMJ

To: Rich Wolf who wrote (10464)	4/15/1999 11:26:00 PM
From: FMK	Read Replies (1) \| Respond to of 27311

Hi Rich, Thanks for some excellent posts. Here's one from Yahoo that is right on. "I AGREE, THE FLURRY OF POSTS BY DKCTX LOOKS LIKE HE IS VERY WORRIED THAT THE PRICE IS GOING UP. HE SEEMS TO BE WORKING VERY HARD TO DISCOURAGE ANYONE FROM BUYING THE STOCK. I THINK HE IS ONE OF THE SHORTS. LET'S NOT SELL THEM ANY OF OUR STOCK. INSTEAD, WHY NOT BUY A FEW MORE SHARES INSTEAD AT THE TODAY'S LOW PRICE. THAT WILL FORCE THE SHORTS TO PAY HIGHER PRICES AND THERE ARE ABOUT 1,400,000 SHARES SHORT. I DON'T LIKE THEIR TACTICS OF ATTACKING THOSE WHO HAVE THEIR LIFE SAVINGS AT STAKE AND BELIEVE IN VALENCE AS A LONG TERM INVESTMENT. NONE OF THEM THAT I KNOW OF HAS EVEN ATTENDED THE SHAREHOLDERS MEETINGS OR DONE THOROUGH RESEARCH THAT IS SHARED BY MANY OF THE LONGS. THE TIME IS GETTING CLOSE WHEN THEY WILL BE SCRAMBLING TO COVER THEIR SHORT POSITIONS AND IT LOOKS LIKE THEY ARE GETTING MORE WORRIED LATELY, JUDGING BY THE NUMBER OF NEGATIVE POSTS AND ATTACKS ON LONG TERM SHAREHOLDERS." I personally agree that its shame that investors are attacked for believing in their long term investments by those making a short play. These naysayers appear to know little about the company, have done little research, and refuse to acknowledge statements from the CEO and such evidence as videos of the production witnessed by attendees of the shareholders meeting. If the company were truly running out of money, they wouldn't have hired three new VP's. The founders have been at this for 9 years, have 400 patents, and have recently tripled production staff. I would draw my conclusions from those facts rather than listen to the toxic armchair quarterbacks!

To: Rich Wolf who wrote (10464)	4/17/1999 10:04:00 AM
From: John Curtis	Respond to of 27311

Rich: Exactly, although I have to chuckle about your "The longs have decided, using their probability and cost assignments." LOL! Bottom line? Clearly some folks are more comfortable with VLNC as a gamble at this point, than others who prefer to wait. Both those styles make a market. All told, folks should think about what's keeping VLNC "afloat" at these levels. ;-) If financial's were a true consideration the market would have already translated that possibility into lower shareholder value(imho). It hasn't. The price remains stable. My thoughts are we'll continue to see it stay right around current levels until that first p.o. is announced. As such, at judicious moments, I continue to add to my holdings. Particularly since I've got mucho profits to put to work from some other adventures that've roared ahead since the first of the year. I'm expecting the same out of VLNC for the latter half of this year. Now let's see how it goes..... John~