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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Larry Brubaker who wrote (6778)1/5/1999 10:03:00 PM
From: mooter775  Read Replies (1) of 27311
 
Larry,

I have never tried to talk the stock higher or advised purchase of the stock. I've said on many occasions that purchase depends on one's own risk/reward parameters. I am highly confident that the product works, has been shipped from NI, and we will all see this confirmed soon. I've also been wrong before in my estimations of the proximity of contracts - I had thought and stated that we would see contracts in the fall of 1998.

Let me put this very clearly. While I believe we will see contracts, substantial contracts this quarter, and the greater risk at this point is being out of the stock, I don't care if you or anyone else buys this stock now, or ever.

The stock doesn't know you don't own it and it doesn't know that I own it. I am not advising you or anyone else to take an aggressive position in it if you are risk averse or want to want for whatever confirmation gives you an erection. And I don't care whether you or anyone else thinks ULBI or LITH or whoever else is going to be a better investment. I am long and comfortable being long.
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