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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: FMK who wrote (472)5/29/1997 8:55:00 AM
From: Paul Dubsky   of 27311
 
Re: "I spoke with a fund manager who took profits at 10. With hindsight we know it was a good move." Is this guy planning to buy back some? When? At what price does he plan to re-accumulate?

Hindsight is terrible in the market. I try to learn from it but, not dwell on it. Yes, he made money at the short term high of 10 but, now has to buy back in the 8.5 to 9.5 range if he wants to stick with it longer term. Not as low of a base when it's at 20 or 30 but, still a nice return.
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