VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: hcirteg who wrote (10138)	4/3/1999 2:32:00 PM
From: FMK	Read Replies (2) of 27311

Hi Hcirteg- Some thoughts on comparative price patterns. I understand both you and Mooter are pleased to be able to take profits in NETE to move into Valence before contracts are announced. Mooter has mentioned NETE often and has always considered it of less potential than Valence. Here's a post from last August, including comments about management buying shares- sound familiar? exchange2000.com I once owned NETE at about $2.50 and sold just above $3 for a small profit after becoming impatient. NETE has since run to over $15, went to $17 briefly and profit taking took it all the way down to $10. Now it is back to around $12. I have spoken recently with investors who became impatient and sold their Valence in the $6's and $7s. What could very well be a repeat of the NETE experience is for Valence to run to $16 or $18 on news and pull back to $12 on profit taking. The impatient folks who sold in the single digits will wish they had hung on, as was the case with NETE. Again, my congratulations on your timing for moving NETE profits into Valence! Regards, FMK

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