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

To: Larry Brubaker who wrote (2688)	4/18/1998 11:07:00 PM
From: Gordon Quickstad	Respond to of 27311

Yes, Larry, I'd be wary, also, to follow a strong buy from Weekly Second Opinion if it's just based on charts. The stock is stretched between optimism and unknown quantities. Unlike some, I've never been able to make a buck off of this stock and have lost 2% annualized ROI for all the years I've owned VLNC. I don't hold any at the present time. I'm inclined to let someone else make the first 2 bags if this is a 10 bagger as Don Wolunchuk hopes for. That should leave me with a 5 bagger - but given my past history in this stock, I'd probably be buying from the 2 baggers and then taking another loss due to some new development like fuel cells that fit in your wallet :^)