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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Robert Einstein who wrote (4531)10/25/1998 1:39:00 PM
From: mooter775   of 27311
 
I think it will make a positive return, but would only do it with very speculative funds. I own the Dec, March and June 5 calls (in addition to outright shares), since I would rather spend more money for calls and have them return "in the money" at a lower price. My intention is to take delivery of the shares, not sell for a short term gain.

And while my crystal ball has been a bit tarnished in predicting both contracts and certainly price, I have a lot of confidence that the company will sign a contract in weeks rather than months, and all 3 expiration periods will return handsomely.
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