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


To: John Curtis who wrote (3537)7/30/1998 9:13:00 AM
From: FMK  Read Replies (1) | Respond to of 27311
 
John-Your statement "fully cocked and loaded by this time next year" seems to discount the company's repeated indication that they remain on track for high volume production this September.

We have been conditioned to expect delays, but by this time next year, we could very well be closing in on Don Wolanchuk's price target! Better spend some time with those production capabilities and apply a PE ratio!

Regards, FMK



To: John Curtis who wrote (3537)7/30/1998 11:10:00 AM
From: Gordon Quickstad  Read Replies (1) | Respond to of 27311
 
I think we're all a little disappointed the stock didn't jump a buck on the financing news. I didn't intend to buy any more on the news, nor was I even tempted. If you extrapolated my mindset across the market, then you would get about the reaction the market has shown. Which may mean my attitude is similar to other investors. Now, I would be tempted to pile on more if the stock did go up a buck (John's bull trap), just as ladies in the cartoons in days of old had a grabbing and buying frenzy at the table full of on-sale clothes. (now they're more apt to be buying high priced assets).

I think of the movie "It's a Mad, Mad, Mad, Mad World" where Jimmy Durante kicks the bucket and then Jonathan Winters and his ilk start out driving slowly down the mountain like they don't want to let anyone else know they might know where the treasure is hidden. Who's going to be the first to make a dash for the pot-o-gold?