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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: LTBH who wrote (16448)11/28/1999 7:23:00 PM
From: LTBH  Read Replies (2) of 27311
 
OT Reply to Richard Reardon
From: Richard C. Reardon Sunday, Nov 28 1999 6:39PM ET

..I wrote:
.."Small Potatoes = VERY Cost Sensitive
..I have a very small pocketbook, but I would like to have
..a "potentially" new technology stock in my holdings. This
..unfortunately limits me to small dollar stocks like VLNC. The
..purchase price also makes a significant difference for me, whether
..I buy 300 shares at $7 or..."

He Wrote:
....Then what's with your interest in Tyco (a $40 per share stock)?

Rather a confrontational message and certainly not informative but I'll answer ya anyway.

Most good tech stocks are running 100 to 300 per share, out of my league. The ULBIs and VLNCs are not at 3 or 5 or 7 or 10 per share but are pure speculation approached with caution and at the cheapest cost.

As to TYC, I don't view this as a tech stock, don't think many others do either, it's a good conglomerate which at 36 per share was a bargain and is a good holding. I do own 100 shares of TYC.

Certainly don't think this contradicts my statement that my pockets aren't deep! I also make a big distinction between TYC and VLNC, maybe you don't.

Hope this satisfies your curiosity Richard.

TO THE REST OF THE THREAD:

Have I somehow been rude thereby causing this type of message?? Is this person known to the thread??

Networm

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