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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: FMK who wrote (1218)10/30/1997 8:12:00 AM
From: Paul Dubsky  Read Replies (2) of 27311
 
Wow. Can this be the dawning of a new era? Has Valence finally done it? FMK, your posts have been extremely informative and rewarding for those strong enough to hold on. When I got out of VLNC a couple months back at $8, (after buying from $6 to $9), I just couldn't stand myself. Everyday I'd check out VLNC and know that I would miss the boat. Well, that anxiety got the best of me and I bought back in several weeks ago between $9 and $8 (should'a picked up a gob at $6, but couldn't get through to my damn broker on Monday). Now, I can sleep at night.

Today's market looks to open lower, yet again, on the Far Eastern and European market declines of 3 - 4%. Probably not by much, but it could be our "last chance" to collect a few more shares at these levels. Remember, as I know you do, that the last time VLNC had a production agreement with MOT and HWP that their share price was $26! THis is a next generation, story stock to put away for awhile. And, most importantly, everyone needs to resist the urge to sell too early. Yes, you can't knock making profits in the market. But you can knock having to pay taxes and losing out on the long term move.

Good luck to all......
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