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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Tickertype who wrote (1226)10/31/1997 10:51:00 AM
From: John Curtis   of 27311
 
Ticker: I agree, everything look's to a fantastic '98 for VLNC. I'm using every dip as a buying opportunity(thank you Hang Seng). But I err on the side of caution regarding unsubstantiated reports of product legitimacy. My caution is, if you're buying based on the statements here(along with such D.D. as you can do), only use such monies as you're willing to "roll up and smoke," just to guard against the potential hyperbole.

Close monitoring of VLNC is now warranted, however, because the serious money will begin to come on board with positive official corporate pronouncement. And given the upside potential, once that announcement is made, you'll still have time to jump in with your "retirement" money.

I say this only because I've seen times past on other threads where marvelous potential has vanished into the air, along with speculators hard earned cash. I don't expect that to occur here, but'cha gotta assume the possibility, at least until official corporate verificaton.

Meanwhile; depending on your "risk tolerance"(read here gambling tolerance), play your hand accordingly. My tolerance is fairly high, so here's to profits all around!!

Regards!

John~
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