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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Gordon Quickstad who wrote (203)4/9/1997 1:54:00 AM
From: shasta23   of 27311
 
Hi Gordon! I'm still a relative newbie in investing - although i feel i learned a lot since i'm on Silicon investor - and have therefore a question. I already own a couple of hundred shares of VLNC at an average of $6. I like the story of the company but have already commited 20% of my portfolio in this stock. I'm thinking of buying more but i'm not sure for the best point to enter. Would it be wise to wait until production start even if that means paying maybe $8-10 but with the higher security that things are rolling in the right direction or are you buying more at these levels with a more uncertainty(even if small) about the future? Thanks for any insight. Stefan
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