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Technology Stocks : VALENCE TECHNOLOGY (VLNC) -- Ignore unavailable to you. Want to Upgrade?

To: William Epstein who wrote (11913)	6/7/1999 4:13:00 PM
From: Eli74	Read Replies (2) \| Respond to of 27311

Bill, I don't think the question is one of self-interest. This company has enough potential so that $100/share could be very conservative. Given the exponential increase in demand for portable power sources, and if Valence's technology is really as superior as it appears, you could be passing up a lot. After all, Microsoft went public in March, 1986 at a price of $21/share. Today, that price, adjusted for all of the splits in the stock, would be only $.15/share. I'm sure all of those lucky enough to have bought the stock in the IPO, a goodly portion sold their shares at $40 or $50 share, and thought they were making a killing. Don't they look like dummies today? Just a thought.