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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: MGV who wrote (7763)2/3/1999 2:06:00 AM
From: Pallisard  Read Replies (1) of 27311
 
OT
Apologies to all, but an object-lesson opportunity has presented itself. Visnic's favorite stock, Michael foods, is suddenly having recalls and other problems that'll undoubtedly drop the price drastically tomorrow.

When the Barrons article came out 1/23, the last paragraph of Visnic's post (#7374) was alarming to me at first impression, as was his post last year regarding the 10Q. To fit the present situation I'm going to slightly modify this last paragraph as follows:

You need to do three things. First remove your head from your posterior. Second, master the concept of sunk cost. Three, do your best to purge emotion and then walk calmly to the phone or your computer Wednesday morning and fight hard for the best price you can get for your remaining MIKL shares.

Lesson: What comes around goes around.
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