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Non-Tech : Bill Wexler's Dog Pound -- Ignore unavailable to you. Want to Upgrade?

To: mooter775 who wrote (5789)	12/30/1999 1:08:00 AM
From: Bill Wexler	Read Replies (2) \| Respond to of 10293

I remain short above 17 1/2. I consider it a higher-risk short now - but I still see no compelling evidence that management is any less corrupt or that the technology is commercially viable on a large scale. The higher risk involves the peripheral link between the wireless world and Valence. Since wireless gadgets are booming, companies that supply components and batteries should do quite well. This perception (even though in Valence's case I believe this perception to be false - since Valence is unlikely to ever deliver any meaningful product) has and could continue to squeeze the stock higher - so I may be facing a situation like Zonagen..a worthless company which traded as high as 40 a share on the back of the ED drug mania for over 2 years before it finally collapsed.