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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Rich Wolf who wrote (13321)7/23/1999 12:04:00 PM
From: David Penfield  Read Replies (1) of 27311
 
Rich -

Note the last line from Zeev's explanation of death spirals and floorless convertibles:

A stock holder staying long in a company that issued a floorless has no business investing in anything but a mutual fund.

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