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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Rich Wolf who wrote (9705)3/22/1999 10:21:00 PM
From: MGV  Read Replies (2) of 27311
 
You may be in the black Rich but the point is that given the risk in a company with no earnings and uncertain financing, the risk return has been atrocious compared to many other names out there. Do you know what "opportunity cost" is? You are in no way "in the black" given the opportunity cost.

Ask mooter if he knows what a "sunk cost" is.

Finally, even w/o accounting for opportunity cost, unless you purchased at the recent plunge level, or are trading the stock ferociously, you would not be in the black. And if its the latter, you better be in a tax deferred trading account.
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