VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: MGV who wrote (3702)	8/13/1998 3:25:00 PM
From: kolo55	Read Replies (2) of 27311

OT- I see one of your favorite stocks got pounded yesterday. I noticed CheckFree was one of your favorites listed in your personal profile; its listed first. Checkfree dropped almost 10 points to 13 and change in one day. This is too bad. I was a buyer of Checkfree in the mid to low teens about 18 months ago. But it ran to 30 and I sold at 27 and change. This is another speculative stock with no real earnings, and formidable competition in the form of Microsoft. CEO Peter Kight's negative outlook for next year surprised me, and indicates that Microsoft's impending foray is impacting pricing and subscriber growth forecasts. But they have a great service which I have used for over ten years. Could be a good buy at the current price, but risky. Sorry for your recent losses on that stock. Paul

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