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


To: Dennis V. who wrote (16672)12/5/1999 11:00:00 AM
From: MGV  Read Replies (1) | Respond to of 27311
 
100% profit eh? VLNC better not hire you to be their accountant. Their balance sheet would be in worse shape, if that is possible. You don't add up. VLNC closing price on 12/4/98 was 9 3/4. You calculate a 100% profit on an 11.5% change in price. How wacked out are you exactly Dennis?

techstocks.com

As wacked out as your 100% statement implies, imagine what wacked out numbers you could have come up with if you had been in another, less risky, stock.