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

To: FMK who wrote (19087)	4/9/2000 3:29:00 PM
From: John Curtis	Read Replies (1) \| Respond to of 27311

Fred: Yup, I think my ears heard the same thing you did at the SH meeting. If I recall things correctly, 'ol Rich W.(and others of us) were fast and furiously scribbling "margin notes".....uh...not to be confused with margining....heh! And I tend to agree that for long term bulls this price represents something of a gift. Such a gift that out should come the 'ol Easter basket, into which can be placed as many shares as do not violate any portfolio percentages you choose to employ. And this isn't to say plucking a few "trading" blocks ain't warranted, either! ;-) This even though "trading" appears to be a somewhat futile thing, given the appearance of a "cap" right now. Still...a point here...a point there... It's just that right now I'd like to leave the public pronouncements of valuation to the likes of Mr. Wolly(even though my immediate reaction to his +$100 was....."will you please share whatever it is you're smoking!!"). I'm loathed to run numbers at this point as there are still too many variables. In a couple of quarters however...... And this isn't to say I wouldn't be happy feet dancing to Saturn should VLNC meet Wolunchuk's projections. It's just that, although I do have a price target a fair bit higher than it is right now, I don't see +$100 in the next year. Uhhhh, obviously it goes without saying this commentary is barring any major nice news out of the company.. Now let's see how this week unfolds.....hey, anybody have any idea how much it costs to rig up a seat belt to an office seat?? After this past week....well....it adds new meaning to that 'ol VLNC commentary of buckle up, eh? Regards! John~