VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: FMK who wrote (6008)	12/14/1998 10:48:00 PM
From: Zeev Hed	Read Replies (1) of 27311

FMK, you keep telling us that you rate VLNC chances at failing at less then .1% (or 1 in a thousand), and what I am wondering is what is it that you call failure or success? There are about 5000 stocks or so traded on the NAZ, is you 1 in a thousand an assertion that VLNC will be in the top .1% performers over let say the next three years, or your definition of failure would be the complete demise of VLNC. If it is the latter, I would say you are only off by a factor of 10, if the former, I would say that your are off by a factor of 200 (which means that I think that VLNC has a chance of being in the top 20% performers over the next 3 years). What exactly do you mean? In simple quantitative words. Zeev

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