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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: I. N. Vester who wrote (2225)2/17/1998 10:44:00 PM
From: DKR  Read Replies (2) of 27311
 
If you are a speculator you love the volatility; if you are an investor the only thing that matters is that they have a product which is commercially acceptable. As LD said, they will sell every battery they can make without regard to price at significant margins for at least 7 years. If you believe that then you should invest, if not speculate on the ups and downs of an irrational market... By the way today's market activity has virtually -0- impact on their future ability to raise capital. The stock rose the past 3 days on emotion with no news, and it fell today on emotion, not news....unless today was considered news.
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