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


To: Matthew Leo who wrote (1525)12/4/1997 2:16:00 PM
From: John Curtis  Read Replies (2) | Respond to of 27311
 
Matt: I see VLNC's current value at it's old floor of $7 and as a greedy capitalist, I may have to go to the day traders philosophy over the short term with a certain percentage of my holdings. It only make sense in light of today's reality, combined with what I'm sure is gonna be a volatile period ahead, short term.

Regards!

John~



To: Matthew Leo who wrote (1525)12/5/1997 12:07:00 AM
From: Gordon Quickstad  Read Replies (2) | Respond to of 27311
 
It's surprising that the company didn't (or couldn't?) offset the obviously bad news with some positive news. To talk about the CEO's beloved boat is not helpful. The value of the stock is what its investors are willing to buy and sell it for. With no positive news, that value will continue to erode.