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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Paul Dubsky who wrote (245)4/22/1997 9:21:00 PM
From: Matthew Leo   of 27311
 
Paul - take it easy, your too hard on yourself <<but got too impatient and "scared" that I'd miss the boat and bought at 6.5.>>

Let's say your purchase at 6 1/2 was 1/3 your intended positon. VLNC then went up and you bought another 1/3 at 10 and your last 1/3 at 13 and sold all at 18.
Now let's say you buy your 2nd 1/3 at 5 3/4 and last 3rd at 8 or lower
and sell it all at 18.

Which scenario puts a bigger smile on your face? Some clouds have silver linings.
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