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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Pallisard who wrote (3802)8/18/1998 8:04:00 PM
From: MGV   of 27311
 
which he was touting at 30, went to 21. The poster on AOL who predicted it, he called a fool. MIKL is down today 13/16 on high vol. w/Dow up 140.

Firsr of all, there was never any touting, neither in the shameless cheerleading style seen here, nor in any other way. Second, I have participated in discussions on MIKL and owned it since it was $8 per share, not 30. Third, although it closed down today it is priced at 26 5/8 down from yesterday's $27 7/16. Fourth, even at a near 30% increase from its lows, it still is a very compelling value. Read the recent Smart Money feature on it as well as the IBD positive reference. If anyone would like to read them, ask for links. Fifth, the volume today was 161,000, hardly "high" volume. All of the statements that Pallisard made were outright falsehoods. It is what I have come to expect from him and others like him.

Look, I know you guys are hurting but do something constructive about it. Learn from your mistakes. Perpetuating inaccuracies about other stocks and other people is no way to correct your heavy losses in VLNC.

Besides it ireally is getting tiresome correcting all of the errors and worse here. I am convinced that this VLNC bull thread is a very small club. The inaccuracies are not in dispute. Anyone with an objective doubt is welcome to read the Yahoo thread on Michael Foods and decide for themselves.
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