VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Paul Dubsky who wrote (1853)	12/31/1997 10:17:00 PM
From: Larry Brubaker	Read Replies (2) of 27311

Paul: While we are speculating about the potential action in DBDY stock, I have another scenario. I could easily see the stock returning to the high single digits BEFORE the official news is out, or even leaked. As of today, tax loss selling is over. I could easily see the stock moving higher quite quickly, because anybody who wanted out is now out. In other words, if you wait until the official news is out, you may well be paying double figures for the stock. What difference does that make? Well, if your ultimate target price is $50 (not an unreasonable target for VLNC), the difference between buying now and buying at $10 is the difference between a 5-bagger and a 10-bagger. That is actually a hell of a difference.

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