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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Tickertype who wrote (2581)4/5/1998 1:38:00 PM
From: DKR  Read Replies (1) of 27311
 
Wolanchuk has been hyping VLNC for over two years. He is on every Friday (telephone) in Chicago on a show called The Stock Market Observer and has mentioned VLNC nearly every single week. I genuinely hope he is right but I have learned to ignore some of his wildly optimistic comments. He is a good market timer as his track record will attest but his credibility has been weakened by his inability to deliver on some of his individual stock recommendations. I also do not believe he has any better information than we do, if he does I am concerned about how he gets it. However, there is no doubt he loves this stock...

(To be fair, his most recent pick WAVC has nearly tripled since he mentioned it on Nightly Business Report a few months ago...)
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