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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Chisy who wrote (19104)4/9/2000 2:18:00 AM
From: Larry Brubaker  Read Replies (1) of 27311
 
Here's Wolanchuk's stock picks from his May 1999 Stockhouse Interview

StockHouse: What are your favorite stocks, other than the ones you pitched to us in previous interviews?

Wolanchuk: You take a blue chip like Merck. Here's a stock that's getting ready to explode. Coca-Cola's another one. Going to $120, then it will split again. And IBM's got $300 written all over it. Goodyear's not wasting any time. It'll go from $77 to $100. We originally bought that at $14 in 1990, and it split once already since we bought it. Goodyear is one of those companies that will benefit from all these cars that are going to be built for all these super-freeways that are going to lace the planet. Who's tires are they going to use? And one last little highly speculative, but interesting micro-mini-cap -a company that might if they continue in the direction they are going - bring voice over the internet into millions of homes: TEK DigiTel TEKI.OTCBB] at 45 cents is an option that might never expire. Obviously for speculative funds only.

Let's look at the record.

Merck (MRK) "getting ready to explode." May 1999 price $80. Current price $65.

Coca Cola (KO) "goin to $120" May 1999 price $60, current price $46.

IBM (IBM) "$300 written all over it" May 1999 price $95, currently $123.

Goodyear (GT) "It'll go from $77 to $100" May 1999 price $50. Current price $25.

TekDigitel (TEKI) "an option that might never expire" May 1999 price ? (Yahoo chart doesn't go back that far for TEKI). Current price $1.375 (note: TEKI's symbol is now TEKIE.OB. This symbol change is indicative of OTC:BB penny stocks that are going to be delisted because they have failed to comply with the recent rule requiring OTC:BB companies to file with the SEC or be delisted.

Looks to me like shorting an equal amount on Wolanchuk's 1999 picks on Stockhouse would have made more money than going long. Funny, they didn't mention any of those in this year's interview. And didn't he predict when VLNC was at $40 that it would hit $50 within a few days? I didn't see him say it would go from $40 to $50 by way of $13. LOL
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