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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Robert Einstein who wrote (4014)8/31/1998 12:15:00 AM
From: Javelyn Bjoli  Read Replies (3) of 27311
 
Thanks for setting the record straight. Maybe you have a source to find out how much $ Carl Berg actually does have. I have searched around but couldn't find anything. I do admit I read his billionaire status in some other post, maybe on Yahoo, but I don't recall who posted it. So, sorry for the misinformation.

My point was simply: Carl Berg (probably) has a lot more money than you, so don't worry about him. Venture capitalists don't expect to profit on every investment - as long as one in ten really hits it, the rest can lose. If that is your model also, then fine, but if not, it is a poor argument for a bullish view.
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