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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: kolo55 who wrote (3709)1/25/1999 11:16:00 PM
From: MGV  Read Replies (1) of 27311
 
Checkfree, recall that paul klemencic criticized this recommendation in August. It has moved from 6 to 37 as VLNC takes on water.

klemencic had this to say: "CEO Peter Kight's negative outlook for next year surprised me, and indicates that Microsoft's impending foray is impacting pricing and subscriber growth forecasts."

In addition to mischaracterizing Kight's message and CKFR's position, he didn't know enough about the company's competitive position to keep from showing his ignorance regarding the MSFT statement.

CKFR is one small cap example, AWRE is another, VISX is another. Look at EMC, SLR, and WCOM for large cap examples with less risk and commensurately less appreciation. All of these companies offered decent visibility and strong fundamentals on every point listed in the post a few numbers back enumerating VLNC's problems.

Why do you punish yourselves with VLNC?
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