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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Pallisard who wrote (20093)6/15/2000 3:54:00 AM
From: I. N. Vester   of 27311
 
Pal, i think you should give Zeev a break. He is a hyper
active trader and his interest in Valence is as a trading
position. I have been following his posts on Steve's
Channeling Thread on SI. He is in and out of many
positions sometimes multiple times in the same stock on
the same day.

He's very popular among the traders over there because he's
shares his TA and trades and has a good success
rate both in stock trading and reading the market. Other
traders have been making money following his trades.

Doesn't mean that he knows too much about the fundamentals
of Valence and some of his efforts eg. in measuring Valence
using some fancy bankrupcy prediction model before he even
understood the Valence-IDB relationship were rather foolish.

But he's a good trader and he seems far too smart and too
reasonable to be involved with the "professional Valence
bashers" club. Don't blame Zeev for the actions of his
puppy Brubaker. They are 2 very different animals.

Actually his "damn the torpedos" remarks were quite
positive. I have noticed that when he is holding the
stock he usually sounds highly optimistic on the
fundamentals and when he has traded out, suddenly things
are not looking so good for the company. But that's just
how traders think, what do you expect?
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