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


To: Roger A. Babb who wrote (18263)2/11/2000 7:15:00 PM
From: Zeev Hed  Read Replies (1) | Respond to of 27311
 
Roger, we have a phenomenon where a lot of liquidity is competing for "assets", that has caused all valuations to go up tremendously, you really think that with current sales volume BRCD is worth some 8 billions (I don't even want to bring AMZN again into the discussion), or ANCR a billion? If this "correction" turns into a real bear market, all excess valuations will be trimmed down, and you may see some of that excess liquidity going into "value stock" (I think that the Russell 2000 recent strength might be a prelude to such a redeployment), but right now, I would not bet on it, yet.

As for the lawyer... well, I am in a charitable mood tonight.

Zeev