VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: MGV who wrote (8590)	2/20/1999 6:56:00 PM
From: Dennis V.	Read Replies (2) of 27311

(OT) Darkgreen, aside from some slowing forecast for '99, MIKL looks like a classic value play or defensive stock. Problem is, value investing is out of style in this go-go environment. Bill Fleckenstein was on NB report Fri. If his market perspective is correct, value should make a comeback. Also, there was a value investor(Gabelli) on WS Week. There are a lot of crazy things going on in this market, shorts have been burned by internet stocks, defying gravity. Who would think that market cap and profitability would be inversely related? Some have predicted small cap outperformance every year since I've been in the market, and while some have, the Russell 2000 is still in the toilet. Go figure. I just took a look at the MIKL thread, for the first time. Gad, looks like the hounds of hell.

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