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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: FMK who wrote (4739)11/7/1998 2:27:00 PM
From: John Curtis  Read Replies (2) of 27311
 
Fred: That margin experience is a big OUCH!! One I council everyone to stay away from until corporate provides sufficient warm & fuzzies. Afterwards, with judicious application, well...leverage can be a powerful "thang" as long as you don't get caught on the wrong side of the power curve. Heh!

As for selling in the $20's. Nah, not a chance. I'm gonna ride this puppy Warren Buffet style until such time as conditions warrant a change. However, me thinks I'm getting ahead of myself. First let's see VLNC execute the next step, and NOT one which executes us instead(ahem). And Steve, if you mean by "fishing" that Hammer Slammer fishing computer game then sure, why not talk about "fishing." After all, it'll need batteries, eh? ;-)

Bottom Line? Next week sure promises to be interesting.

John~
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