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

To: John Curtis who wrote (11815)6/5/1999 11:06:00 AM
From: William Epstein  Read Replies (1) | Respond to of 27311
 
To All;

The posts are very interesting and they show that VLNC is clearly beginning to ramp up for production. All very encouraging. Now I would ask myself the question. Are they doing it now so that they can promise potential customers that they have a turn key operation, ready to produce or are they ramping up because they expect something definite? The Chicken and the Egg, again. I feel it is the latter of the two. Why? Because businessmen won't usually commit capital unless there is some definite reason to make that commitment especially, when the company is at a point where finances are low. I combine that with the other information and the insider purchases of stock and the indications are strong and now getting stronger that they either, have a commitment for a contract or expect one from some definite source. (my contribution)
Bill



To: John Curtis who wrote (11815)6/5/1999 11:13:00 AM
From: MHS  Read Replies (1) | Respond to of 27311
 
John,

I would even go farther. While the last half of the year will be interesting, I think June and July will be the crucial months for P.O.s and for the market to begin to realize what this is all about.

mhs

P.S. -- I too would have thought that 4th shift was a work shift not software. But they are clearly on the brink if this is whom they are hiring.


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