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: Paul Dubsky who wrote (2013)	2/2/1998 10:32:00 PM
From: Larry Brubaker	Read Replies (1) \| Respond to of 27311

Paul: Hindsight is always 20/20. We could all have a lot more shares had we sold prior to the price decline. The more pertinent question is where are we going from here? There was an article in today's WSJ (page C-1) talking about how fund managers have been dumping small growth stocks, partially in reaction to the Asia crisis. The biggest worry I have had about this stock is why the weakness given that VLNC is supposedly on the verge of initiating volume production of their product. Smarter people than me suggest this means something is wrong with the fundamentals that us mere mortals know nothing about. Looking at the question from the viewpoint that the glass if half-full, one institution bailing out for whatever reason could have caused the initial weakness late last year. Others may have sold because of the sudden technical weakness, for tax-loss purposes, or to raise money to convert their options (in the case of former insiders). In other words, I think there are many plausible reasons for the weakness other than something is broken. The stock appears to be pretty solid at this point. Let's hope the glass is half full.