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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: lws who wrote (4027)8/31/1998 2:02:00 PM
From: Robert Einstein  Read Replies (2) of 27311
 
<<<<In my "balanced opinion," the company's chances for success in both the near and far terms are decent, in contrast to my hope, which is that their chances are good if not great. My balanced opinion (:-)) assigns subjective probabilities of 25% likelihood to failure within the next 5 months, 30% likelihood to decent success over the next few years, 30% likelihood to good success, and 15% likelihood to great success over that time period. My balanced opinion is not the same as my hope. I am now drafting an explanation of this and will send it to you by private message.>>>>

Sir, my hats off to you if, and only "if" you can make a coherent discussion about how you have arrived at such precise mathematical calculations. Pray, do post and share your wisdom with us, no matter how lengthy the post.

Appears to me that we have a future Byron Wein or Ralph Acampora or Barton Briggs in our midst. Sends a chill up and down my spine, knowing that I am actually communicating with you sir.

Robert
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