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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Tickertype who wrote (1450)11/28/1997 1:13:00 PM
From: Larry Brubaker   of 27311
 
Ticker: I don't think it is too early at all for tax-loss selling. Particularly if one wants to buy back later prior to production start up. Remember if you take a tax loss, you have to be out for 30 days before buying back in order to meet the wash sale rules.

Having said that, I have no idea what the recent weakness is attributable to. I don't mind, particularly, as long as the fundamentals are intact. I haven't filled out my position yet.
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