Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Herb Blair who wrote (19078)	4/8/2000 12:11:00 PM
From: FMK	Respond to of 27311

Thanks Herb for the DW Link- It's good to know my $50 price target(and CIBC Oppenheimer's) is conservative. When asked for his stock picks on Friday April 7, Don mentioned Valence first: <<StockHouse: What are your picks? Wolanchuk: You buy a start-up company like the kinds we've been talking about-remember, we talked about Valence when it was in the $3s and $4s, and where did it go? You got tenfold on your money. Well, that's even going to go a hell of a lot higher. We're looking at $100 to $160 on Valence. It's the next generation battery technology.>> Have I been too conservative? After all, It's Don Wolanchuk (Not Zeev, MGV, Wexler or Larry) who earned all the awards! Looking forward to a great week for Valence. Regards from FMK

To: Herb Blair who wrote (19078)	4/8/2000 12:13:00 PM
From: John Curtis	Read Replies (2) \| Respond to of 27311

Herb, Dennis V, Larry, et.al.: Herb, thanks for the Wolly interview web-site. Very interesting. So he sees 16,000 on the Dow?? Whoosh....and $40 oil, and a bull market recovery in gold? Hmmmmm....and here I've always thought gold and the Dow have a somewhat inverted relationship. That is, why buy gold when the Dow is going through the roof? And when it sinks, there's nothing like the safety of that most popular of heavy metals. Anyway, I kind'a sort'a agree with his statement on oil. All available data seems to be indicating our global civilization has now reached the mid-way point in the 'ol parabolic production curve of all known sources....in other words...the commodity becomes harder to produce and find, and since demand is doing everything but decline.....upwards goes the price. Time for all of us to start seriously considering alternative power sources, eh? ;-) Dennis: "this is about making money"...Yup, EXACTLY!! Personalities should stay out of it. But of course...when you bring human beings together on a common forum....well...disagreements, etc., just naturally follow. From Larry's recent mouth-frothing it's clear he feels about Fred the way I feel about Wexler. That is, he's reacting to over-the-top commentary and just can't stop himself from smacking about the head and ears of the target of his ire all the historical postings he can find. And I have to acknowledge Fred was just a weee bit premature with his commentary. Most of the commentary is still premature. But Fred's a good guy, unlike Wexler who, via his SI "shingle" cast aspersions and doubts on any number of equities, all while providing nary a shred of proof. This is fundamentally different from Fred's "caution to the wind" enthusiasm for one stock; VLNC. I'd ask two things of these individuals...Larry, lay back a little on Fred...and Fred...tone the enthusiasm down a bit(but welcome back to posting, by the way). VLNC's doing PERFECTLY all right in my book. After all this time it looks like they're beginning to hit on all cylinders. They've lines in operation. They're expanding facilities(proven by that most recent hiring ad), and they've garnered some contracts which prove out their products efficacy. We all(excepting Larry it seems) understand the potential represented by this fact; particularly when you juxtapose it against the clear BOOM going on in all the hand-held device(s) sectors. VLNC's gonna be a player in this boom, me thinks, and this is why(without trying to nail down--as yet--earnings projections, widget values, etc.) I continue to hold VLNC in my loong term "tier 2" holdings at this point. Now...since it's a positively beeeoootiful day outside, time to break out the 'ol Harley and go for a head clearing after a night of NYC back alley blues music and such, ;-), ride... John~

To: Herb Blair who wrote (19078)	4/8/2000 2:56:00 PM
From: Larry Brubaker	Read Replies (1) \| Respond to of 27311

I had to laugh after reading Wolanchuck's interview. First, he mentions the stock went from $3 to $40 and takes credit for having recommended a 10-bagger. So, he is taking credit for the difference between the 3-year intraday low and intraday high. Neglecting the fact that when he first started touting VLNC, it was well above $3 and it is currently well below $40. Neglecting the fact that it has lagged the NASDAQ since he first starting touting it. Neglecting to mention that a few months ago, he said it would be at $50 within a few days and it shortly fell to $20 and below. Regarding his oil price prediction. I believe a year or so ago he predicted $100/barrel oil. Talking about how all the gas-guzzling SUV's will deplete the world's oil supply. He neglects to mention that the current price blip for oil is because OPEC reduced production substantially several months ago because the oversupply had driven oil down to very low prices. Regarding his prediction for the DOW. At the same time as he predicted 100/barrel oil he predicted a 30,000 Dow. Didn't give a timeframe for either the $100 oil or the 30,000 Dow. I guess its easy to be named "Timer of the Year" if: (1) you are the only one competing for the award (2) if you make enough predictions, particularly with no time frame attached, and (3) you only count the predictions that have been somewhat accurate and you neglect to mention the ones that have been totally inaccurate.