VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Chisy who wrote (12624)	7/1/1999 8:37:00 PM
From: BelowTheCrowd	Read Replies (1) of 27311

Chisy, Had I believed there was a significant risk of something moving this stock significantly, I never would have opened the position. However, I've since determined that there probably isn't a whole lot to move it down either. I'll keep watching, but basically time to move on. The money that was tied up in VLNC has made more than 70% since yesterday. Definitely one of the best trades of the year. Also worth noting, that as much as that ~$14,000 is not small potatoes, it is still only a very small fraction of my total portfolio. My policy is never to expose more than 2% of the portfolio to a small cap stock. In other words, it was money I could afford to lose. mg

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