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


To: MGV who wrote (13576)8/10/1999 5:36:00 PM
From: DKR  Read Replies (2) | Respond to of 27311
 
I never suggested that non-public information was being disseminated, I was referring to context and depth. Arguing a point with you generally spirals into an anal-retentive, trivial pursuit of semantics and spell checking. I genuinely respect contrary opinions since they cause me to rethink my positions but you argue for the sake of argument and that is fruitless.



To: MGV who wrote (13576)8/10/1999 5:54:00 PM
From: Zeev Hed  Read Replies (1) | Respond to of 27311
 
Mark, OK, I'll agree with you that buying at a lower price than an unknown institution (two such institutions?) maybe "lemming like". However, I have provided you with a number of risk reward measures, down side risk limited to $.5/share (due to stop), upside reward, minimum $1.00, due to trading range and upcoming CC, with a potential of $3, if the CC contains some unusual surprise. Such surprises could be any one (or preferably few) of the following: major non floorless financing, removing of floorless terms on CC's preferred, more shipment to Hamil, reopening of discussions with Eveready. Then come the outside the normal probabilities reward of a real down to earth major PO with a multiyear massive order, bringing the stock close to its yearly high.

Mind you, all these, except bona fide purchase orders, will not turn me into a long term bull on this, since at this point, all these will only be BS and not "performance. The only performance will be, IMHO, some bonafide solid PO for either lap tops or communications. The others are really nothing more than "tid bits", yet, these should be enough to serve as a pseudo Viagra for this stock.

I think that at this point in time, these are odds which seems rational to a risk taker. Providing of course, that that stop is hit if any sign of additional price deterioration is seen. If the stop is hit, the equation changes drastically and I would not be surprised to see VLNC halved from the current price, but I ain't gonna wait to see it doing that.

Zeev