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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Zeev Hed who wrote (6004)12/14/1998 10:38:00 PM
From: FMK  Read Replies (2) of 27311
 
Zeev, thanks for the classic examples of failure that occurred after more money was borrowed. I am sure lending institutions see this every day and many of us could come up with classic cases to prove that the percentage of those losing their homes due to foreclosure increased after they took a second mortgage.

I continue to rate Valence's chances of failure at less than 0.1% and today's news as a definite positive.

And if you get a chance, I would enjoy hearing about the ins and outs of the white slavery business!

Regards, FMK
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