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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Larry Brubaker who wrote (13015)7/10/1999 2:52:00 AM
From: FMK  Read Replies (1) of 27311
 
Larry, You may want to round out your chronicles with the value of a 1000 share purchase on the date of each of your favorite of my posts.

One year from today, list the July 10, 2000 value next to the purchase prices. With some some spreadsheet dexterity, include the percentage gain since the time of the purchase.

Just for fun, you could list ULBI'S share price alongside, since many ULBI posters were right there with you, spending considerable energy discounting Valence's chances and extolling ULBI during the time period.

I don't know exactly what the stock price will one year from today, but If you are still around please post it. I have a feeling that if someone reads your post on a new, high-end laptop computer, there will be a good chance it will have Valence batteries!

As an aside, I spoke recently with a long term investor whose fund has held a large position in Valence since the $15 area. They added several hundred thousand shares during last years drop to the 3's together with IBM and AMP. When I asked if he would be tempted to lighten his Valence position on a run-up to the teens, he replied "we are in it for triple digits." Needless to say, there are many very successful investors who do their homework, attend shareholder meetings, visit the plants and then make investment decisions without worrying about day to day fluctuations or attorney disclaimers. I should add that he doesn't read SI or Yahoo either!

Sorry I was a little harsh about your personal agenda. I hope you get turned around and become long the stock before major news hits. I think I would enjoy your attempts to hide an inscrutable smile if you owned several thousand shares in spite of yourself and see it triple!

Have a good weekend!
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