VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: jean1057 who wrote (2734)	4/24/1998 8:21:00 PM
From: taLuis	Read Replies (1) of 27311

<< she bought 1000 shares at $ 5.03...is is her first investment..and she put all her money in to it.. >> Since VLNC tends to spend a fair amount of time below $5, I would have at least advised her to average in her life savings of $5,000. For example, she could have bought 300-400 shares at a time (three segments) over a week or two, and averaged in below $5. However, I would NOT have recommended VLNC as a first investment. It's too speculative. With this company, it's an all or nothing proposition. You will either make it big or lose it all. Luis

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