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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Jeff S. who wrote (122)3/10/1997 8:25:00 AM
From: Paul Dubsky   of 27311
 
The last time this company was "near production" viability to MOT and HP for cell phones and laptops, this stock was in the middle to upper teens, looking and wanting to go much higher. Of course, that was before their product didn't meet specs and they had to go back to the drawing board. If their is indeed a plant in Ireland and it looks to begin producing batteries, then this stock will undoubtedly rocket north. It will of course get way overvalued based on everyone's projections of a billion dollars of sales in a year; however, you can make some serious bucks if you trade the stock or even hold on to it until you're happy with your return. I seriously think we're sitting on a middle teen stock here and 20s close behind, within a VERY SHORT time period.

(The last time I was this excited about a stock was when I originally bought VLNC when it was $13 and it went to the low 20s!)

Good luck to all. Of course, onvest what you're willing to lose. If you do that, you'll be able to sleep at night. I guess spending money of stocks (in the event I lose money) is a lot better than spending it on cigarettes or drugs or alcohol. (Sorry for the philosophical note.)
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