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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Larry Brubaker who wrote (12992)7/9/1999 11:38:00 AM
From: FMK  Read Replies (1) of 27311
 
Larry, with your approach a person might quit his job because of a bad day at the factory and then try to get re-hired when it suits him. Such behavior is not typical of any long term commitment or of a desirable work relationship. The stock market and online trading has made it easy to jump in and out. If you are lucky, you will be "in" when a major announcement hits and participate in a several point gap up. If you are "out" at the time, you would have lost 8 of your short term 1/4 point gains with a single gap from $7 to $9, and more if it gaps to $12. By the time you figure out that you would like to own a much larger position, you may find it too expensive because it goes against your nature to pay $15 when a few weeks earlier you could have bought all you wanted at $7.

Play it as you like, but why spend so much energy attempting to destroy the hopes of those with a more long term approach for your short term gains? It takes all kinds, but I post because I believe in the company and there is more to life than a short-term profit.
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