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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Zeev Hed who wrote (15840)11/10/1999 11:18:00 AM
From: golden_tee   Read Replies (2) of 27311
 
<<Most of the buyers this year, those that would take short term capital gains to offset winning positions elsewhere are in the red, since we are near the low.>>

This sounds like a better description of ULBI, in which you have chosen to invest. I don't think very many investors drop a speculative stock that has underperformed when they believe that the "big event" is so close. Even if your tax related collapse theory were plausible, the event would not occur until mid-December. By mid-December, VLNC's price could be much higher and no one will be sitting on a loss. In summary, why should anyone worry about an event occurring that is predicated by another event, and dependent on the dastardly motives of a group or groups who's current (let alone future) intentions are unknown to us? i.e. give it a rest muckraker.
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