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: Rich Wolf who wrote (24303)	5/26/2001 4:20:18 PM
From: Pallisard	Read Replies (1) \| Respond to of 27311

Rich, why waste time. The only way to win an argument with MGV is to hit him over the head with a 2 x 4, which is, incidentally, the way Himalayan monks used to get each other's attention. (-:

To: Rich Wolf who wrote (24303)	5/28/2001 1:00:52 PM
From: MGV	Read Replies (2) \| Respond to of 27311

You sure do twist in the wind with your attempts to explain "what you really meant" and "what you really did." Sure rich, you bought SNRS at $8 and above and sold it at $3 and lower. Why would anyone expect that you would disclose that? In the meantime, your "explanations" are enlightening. They explain why you invested in SNRS, WSTL, MCOM, and VLNC, all significant underperformers. Everyone picks a few underperforming stocks but, based on your favorite stock list, you are in a lower class by yourself (and crazies of like mind on this board). The bear market does not explain SNRS. Other companies in the same space are down a fraction of the percentage fall in SNRS from the time of your post through today, including VISX, BOL, and the Nasdaq market index. Poor companies underperform good companies over time. See the charts below. Consider the relative underperformance of VLNC over the past 9, 8, 7, 6, 5, 4, 3,2, 1 years. finance.yahoo.com,^ixic&a=v&p=s&t=1y&l=on&z=m&q=l Try again, the following is unpersuasive to anyone considering the above charts. The "installed base" argument undermines your original position regarding SNRS' technological superiority and price to performance advantage. Remember, in a bear market some stocks go down more than others. Figure out the difference and you won't have to go through accountability lessons. << The bear market does not explain SNRS. >> Sure it does, stock valuations in the short-term are more a supply/demand issue, and in the bear market there was a dearth of buying simultaneous with record levels of shorting across the board. Small and mid-cap technology-related stocks suffered the most, but as my examples indicated many large-caps also suffered. In re: the sector, you may read my same account. Further, << How correct were your assumptions implied in that post? >> As I had posted, the recessionary environment has slowed capital investment in many areas. A new vision correction procedure which is elective surgery would be more likely to be deferred by patients, and hence it would be more likely that there would be delays in the purchase of new surgical equipment by doctors' groups which were/are feeling the effects of the recession.