VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: I. N. Vester who wrote (1672)	12/11/1997 2:41:00 AM
From: Tickertype	of 27311

Thanks very much for your comments, I.N. Like you, I also have my retirement nestegg totally wrapped up in Valence. And I'm determined to retire! This is not my "speculation money" - I don't have any of that. And right now my protfolio shows a six-digit loss due to this slide, but though it's depressing to look at I'm not overly concerned. I find this drop in the share price an interesting glimpse into human psychology, when it comes right down to it. A number of individuals who until recently were enthusiastic supporters of the company are now seeing all manner of sinister meanings behind everything that's happening, doubting the honesty of those who comment more positively, and so forth. Am I being naive by not being quite as suspicious? Well, consider this: If the stock recovers 3 points, say next week after Wolanchuk's appearance on NBR, I'm betting that this skepticism evaporates almost instantly. Should we see a 4 or 5 point rise soon, folks will be dancing on their keyboards! I rest my case. Best regards to one and all, - T -

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