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


To: P. Ramamoorthy who wrote (24777)8/24/2001 10:52:26 AM
From: John Curtis  Respond to of 27311
 
Ram: Thanks for the detailed synopsis. I didn't have the time, nor the inclination, to listen to the call. I figured it'd just be more, or less, of the same. Business plan excepting it appears it was. So although I'm inclined to give the new team the benefit of the doubt still, I'm not surprised.

And where the old L.D. team is concerned all I can say is....shades of WSTL. ;-)

So, the bottom line appears to be this company has further yet to go, and are again making with the promises in an all smoke no fire fashion. Since I divest myself, for the most part, of emotions when playing this game I'm sure I'll be playing VLNC into the future, while continuing to hold a very small long term position. However, I might liquidate that position at some point between now and years end, even if I continue to trade it.

And then revisit it (re-establishing a core), maybe, 1.5 years from now. This stock remains a high-risk, extreme speculation in my book.

So it goes. Now on to the next equity.

Regards!

John~