VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: I. N. Vester who wrote (8307)	2/14/1999 2:34:00 AM
From: I. N. Vester	Read Replies (3) of 27311

I just don't want to see a replay of all the margin buying at $10+ and then good people like us get hurt when a little glitch like ulbi battery blowing up or something hits the wire or another S3 disclaimer causing a big downturn and shaking out all the margin players in a big hurry such like happened on 12/21/98. I was there on the supply side that day and it really sucked competing to sell my shares at any price to avoid a disasterous margin call.... I'd like to see some calm accumulation of a few more shares in the single digits. Let the funds come rushing in eventually and push the price way up. I just hate to see another round of the little guys getting excited and pushing the price too far too fast then getting hurt in the margin squeeze. It's happened to us too many times already. I know many on this board have sold on margin calls and it's a damn shame!

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