VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Zeev Hed who wrote (10316)	4/11/1999 10:07:00 AM
From: Logain Ablar	Read Replies (2) of 27311

Zeev: I see you've become a lightning rod over here. The question of course is does it make sense to buy the stock here @ $7 hoping it goes to $16 with a PO or jump on board @ $11 when it starts its take off. The risk (its amazing how many people are blinded to this) is with out a PO the stock will become worthless and you MAY be able to dump it between 4 and 5. I guess there are a lot of people willing to take the 30% loss risk (and thats assuming they are quick enough to dump it) to hope for the incremental 50% gain they'll miss IF there not in the stock IF there is a PO. There are better risk / reward value plays in the market right now. Tim

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