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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: mooter775 who wrote (6792)1/6/1999 9:28:00 PM
From: Larry Brubaker  Read Replies (2) of 27311
 
mooter, I went back and read your posts in the August '97 time period and see that you were talking about problems with line 1. Given the stock price at that time was also in the range in which you stated you sold 70% of your position ($7.75 to $8), I will acknowledge you could be telling the truth. If so, I apologize.

So the minimum number of shares you held (after selling 70%) is 50,000? Which means you sold about 116,666 shares when you sold 70% of your position for around $900,000.

So before you sold, you had well over a million dollars invested in VLNC, mooter? Assuming someone who has managed to amass that kind of money is not foolish enough to risk the majority on one speculative stock, then you must be worth tens of millions of dollars.

Gee, I didn't know we had Warren Buffet posting on this thread.
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