VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Sig who wrote (2251)	2/18/1998 3:40:00 PM
From: Gordon Quickstad	Read Replies (2) of 27311

It's good to hear from you again, Sig. Hasn't this been a ride! I've been in and out twice on a small scale since I liquidated my maniacal position at a smallish loss a while back. Both times I broke even - perhaps lost due to commissions. The pre-conference call run-up was a real fake out. I usually subscribe to the belief that news follows price - but that was total speculation. I had my finger on the sell button as the call opened and made about $250 on one brokerage account and lost about $250 on the other because I couldn't log in fast enough to the next account; also I was working with 15 minute delayed data, so the outcome was worse than I thought when the dust had settled and I saw the results! I don't know, there is a certain excitement to small cap start-ups but I'm going to concentrate a little more on companies that make things that are selling and actually have earnings. I've been very pleased with IDTI and have sound hopes for SIGA. I sold BDE for 10% gains after I bought and tried one of their movies. It didn't have enough appeal for me. Best regards, Gordon

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