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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: FMK who wrote (6636)1/2/1999 10:07:00 PM
From: DStandish  Read Replies (1) of 27311
 
Fred,

We don't have your prediction for the high share price in 99. I think you indicated you felt comfortable with $100 by year's end. If anyone has cause to be conservative, based on being bitten by the delay snake, it is you.

My prediction is $50. I think and hope it will go higher but frankly I would be happy with Larry's prediction of $25. Since I was able to grab a bunch in August at around $4 that would be the best play I ever had on the market and would make up for all my blunders.

Your comments about this stock having more potential than any other you and some analysts have ever seen rings true to me. When you see what the insiders are gambling it makes our bets seem a lot safer. They know what they have and they must have a pretty good idea when the party will start. They bought in August and September. That gives us some indication that its almost time to get out the hats and buzzers. I agree, this isn't the time to be sitting on the sidelines. At $7 and change this may be the bargain of the century. When a contract is announced there will most likely be a big spike up and us little guys won't have the good fortune of being able to get in at the beginning of it. Plus, it is always a little scary, and usually not good practice, to chase a stock going up.

How about it Fred? Are you ready to give us your number?.

David
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