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

To: Gordon Quickstad who wrote (1708)	12/12/1997 2:14:00 AM
From: Larry Brubaker	Respond to of 27311

Gordon: Nothing wrong with looking at the glass as half empty rather than half full. Yes some of these "inside information" posts may be hype, and yes there may be some more kinks to work out before production. On the other hand, Red Chip reports they have spoken to the company and the answers they received are similar to the posts here. No major problems; production is still a go. If Red Chip says they have talked to the company, I believe it. The question in my mind is whether you can believe the answers they got. If you believe the answers, even if there is a month or two more of delay, the stock looks like a hell of a buy at these levels. You made a good move selling at higher levels. I don't know when your month runs out for wash sale rules, but it may be even a better move to buy back in at lower levels.