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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: John Curtis who wrote (1783)12/20/1997 4:07:00 PM
From: Larry Brubaker  Read Replies (2) of 27311
 
John: I scraped up a few more shekels yesterday to buy some more. I now have purchased 5 different times. Given yesterday's late price rise, my last two purchases are now in positive territory. A first for my Valence investments!

Assuming the company does go into production in 1998 (hopefully 1st quarter), those who were able to buy at these levels will look back at this price decline as a Christmas gift (unfortunately, those who had to sell margined shares will have a different memory). If they don't go into production, I guess we'll look at this price decline as an opportunity to lose more money.
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