VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: kolo55 who wrote (14993)	10/4/1999 5:48:00 PM
From: MGV	Read Replies (2) of 27311

Now klemencic is becoming sloppy. To be specific where klemencic is vague - the stocks in question are Checkfree, Flextronics, Celestica, and Jabil. CLS and FLEX: Regarding Celestica and Flextronics, klemencic advocated a trade shorting CLS and simultaneously going long FLEX. For the record, at the time I was long both CLS and FLEX. He had to reverse his position in 3 trading days to avoid being clocked. JBL: At around the same time (within a couple of weeks), he said that JBL at 50ish was preferable to CLS. At the time, I did not own JBL. CLS outperformed JBL by a substantial margin. I subsequently bought JBL and sold part of the position in CLS in August when JBL was 38 and CLS was 45+. CKFR: He criticized being long CKFR in August-Sept. of 1998 when it was priced at approx. $15, down from $25. Today it closed at 41 7/8. I guess his story is when you can't beat him, fabricate. Why do I take the time to respond? Well because I loathe low character, particularly when I see it in old age. "I have reviewed his knowledge on stocks we both liked, and found his research and experience to be quite limited."

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