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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: mooter775 who wrote (1429)11/21/1997 8:46:00 AM
From: John Curtis  Read Replies (1) of 27311
 
Mooter: Your commentary sounds logical. If true, it's too bad the institution is so constrained as to allow it's program tools to dictate exclusive buy/sell policy. Would you follow your mechanisms advice given what you know about VLNC at this point if it recommended you sell because of the CEO 7% commentary? One should never be so blind as to rely exclusively on program tools, a little gambling needs to be a part of the game(ie. the "no guts, no glory" philosophy)......but I'll admit that's anathemal to most institutional philosophy, derivative plays aside. ;-) I certainly would be talking back to my tools, basically saying......."What? Sell now?? Are you nuts??" heh. VLNC is just too sweet to ignore, much less walk away from right now, imo.

Regards!

John~
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