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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Larry Brubaker who wrote (5062)11/15/1998 10:41:00 AM
From: John Curtis  Read Replies (2) of 27311
 
Larry: I followed AKSEF for a time, and got quite a chuckle out of it. Which leads to a further consideration with regards to this "thang" called a floor-less. That is, what is the potential "efficacy" of the company(s) and its products. One could argue, in the case of AKSEF(and others mentioned here to bolster the floor-less argument), that the efficacy of these companies was low....for instance, given the political instability of the area, not to mention the environmental factors, what really WERE the odds AKSEF would be pulling oil out of the ground in that part of the world, eh? I know they're still trying, and their current stock price reflects that fact. I, meself, happen to feel VLNC doesn't quite fall into that same category, but I will admit that being bullish about their prospects can cause the 'ol blinders to be unconsciously in place. Heh!!

So it goes when speculating. You always gotta remember the human tendency to blind yerself. All the more reason I'm thankful for the recent wave of rational discourse. Regardless of any particular posters "intent."

Regards!

John~
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