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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Chisy who wrote (18089)2/7/2000 7:25:00 AM
From: MHS   of 27311
 
Here is from my post, "While, like John, I believe this will be a great 1,2, or 3 year hold, do not believe that we are past any difficulties." I believe this makes it clear that I am long.

However, let's be realistic, "You do not want to be as optimistically blind as some are negativistically". There will (notice not can but will) be problems, i.e. additional financing, hiccups in production, perhaps problems with the batteries, and with any technology, new innovations which could render VLNC's obsolete. I have hung in for 2 years and so far been very financially rewarded. However, it is still speculative and do not make the mistake that nothing can go wrong. While I am betting that they can overcome any problems, let's also not be blind to any difficulties. A lot of the potential is already built into the stock price and it can go down as quickly as it went up.

mhs
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