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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Larry Brubaker who wrote (25626)10/16/2002 11:19:31 PM
From: Rich Wolf  Read Replies (1) of 27311
 
One can easily tweak the charts, and the 'one year' is not hard and fast. My post was based on noticing how over the period when VLNC dropped 90% (give or take), other stocks have dropped 90% twice over. True about the phrase 'most other,' but many sectors have big names that were harder hit than VLNC over the 12 month frame to-date.

LU RSTN JNPR RBAK CIEN JDSU VTSS ERICY ...

I'm purposely not listing the notorious small-cap stocks that never had viable business models or products, or the telecoms that went bust in their buildouts, or the highly leveraged cash-flow guys (like CHTR in cable or the IPPs like CPN or MIR) that may or may not get forced through BK by the banks...

These are all companies with visible sales of quality products. Hence my comment to you: << Actually, I think you would agree that he (Berg) is being generous, given the performance. >>

I notice you avoid commenting on how the Berg financing is not being used to drive the stock down, as it would be if it were truly a 'floorless' financing play.

I just bugs you to no end that Berg is supporting the stock and not letting it fall prey to the loan shark capitalists who would love to drive it to zero and put it out of business. The continued financing means there may be a day when all your years of haranguing are proven meaningless, by way of eventual success.

Just a thought about how you spend your time here. There's GOTTA be a reason, since your name isn't Mother Teresa.
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