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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Phil Jacobson who wrote (2216)2/17/1998 6:13:00 PM
From: Paul Dubsky  Read Replies (2) of 27311
 
I, for one, am greatly disappointed at these events. I find it surprising that we had such a good run up on huge volume leading up to the call. Someone got suckered.

I cashed out 1/2 of my position today at $5.50 (although I had a limit order in at $7.50 but changed it to $8.50 this am in a horrific show of greed). I figure that at best, we're where we'll be in 30 days from now (to be able to maintain my tax write-off), if not lower so that I can buy more. Still have 1/2 my position just in case they come out and surprise us before 30 days.)

While I thought that some on this thread had the scoop, once again, news like today's reveals that those who post supposedly in the know don't know! (Prior incident was Cals departure.) Come on, events such as these aren't easy to keep quiet by those with knowledge, especially considering the scale of the news and the fact that it's been known since the 2nd day of Lev's arrival!

I'm gone and will return in 30 days to consider a further average down. (Boy, losing 5 figures hurts.)
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