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


To: Zeev Hed who wrote (25633)10/28/2002 11:17:04 AM
From: Steve Lee  Read Replies (1) | Respond to of 27311
 
The Berg replacing expensive shares is the most feasible but of course I don't really know what is causing this strange trading. I think if it were just MM profit taking then the price would be allowed above 0.7 now and then to get the bulls lathered.

Something fishy is going on with this selling at 0.7 looking like a mechanical arbitrage of some kind.

In short, someone in the know doesn't think this stock is worth more than 70 cents <g>



To: Zeev Hed who wrote (25633)11/17/2002 9:02:27 AM
From: High-Tech East  Read Replies (1) | Respond to of 27311
 
... to Steve and Zeev ... based on VLNC history, your caution, doubts and palpable mistrust of Valence and their management are understandable ... I do pay attention to what you say, and will continue to - at least here on SI ... I sincerely respect both of you ...

... but right or wrong, I march to my own 'drummer' ... I continue to think of Stephan Godevais and his relatively new management team as representing a new and different VLNC ... obviously, I may be wrong ...

... sometimes, I win big - SUNW (sold almost 100% of it in early 2000), INVN and S&P 500 puts off and on since mid-2000 ... a couple of times, I have lost big, especially ABMD (sold 70% of it recently) ...

... I will wait and see on VLNC and hold my position ... but please, let's keep talking about it ...

Respectfully ... Ken Wilson