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

To: Pallisard who wrote (14853)	9/27/1999 10:15:00 AM
From: MGV	Respond to of 27311

You still don't get it regarding MIKL. I cited it as an example of a good, solid company, one with solid management, a sound balance sheet, and improving fundamentals, one in contradistinction with VLNC. All that MIKL management does is execute a focussed business plan. The sector MIKL (small cap food)is in has been out of favor for at least 18 months. Sectors fall in and out of favor over time. What is important over time is the business of the company. Keep your eye on the business of companies in which you invest and you outperform over time. Now, is MIKL my preferred investment? If I had to pick just one stock, would it be my choice? Of course not. Its not very sexy and it won't appeal to those of you who are seeking to "hit the lottery," but it is a good company to own as part of a balanced portfolio. For the record, as I write, it is up another $1 1/4 this morning.