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

To: MGV who wrote (13863)	8/20/1999 10:48:00 AM
From: Im-patient	Read Replies (2) \| Respond to of 27311

You know, I hate to sound like I'm agreeing w/ Mark...and I do not support is "attitude" postings...but... I've been in VLNC for a while...finally left even at 7.5...only to be enticed again at 5.75...and left at a loss yesterday. Here's my reasoning.... I lost a point's worth of value on the "gamble" that VLNC would hold @ 5....but what was I looking for? When the PO arrives, and VLNC becomes a proven commercial entity, then I can surely make that point back...and more...!!! Even if I miss the first run-up of 5-10 points.... And further, if I was buying now with the risks involved/recognized,...I am only buying in hopes of taking that first ride up...the subsequent rises...after the first 30 minutes or so...I can join, if I want... So...I've readjusted my perspective... Don't know if this makes sense to y'all...or if you disagree. I'm always happy to hear different points of view... I've vacillated so often about this stock...maybe I'll waver again! <G>