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

To: kolo55 who wrote (3849)	8/21/1998 8:27:00 AM
From: John Curtis	Respond to of 27311

Paul: Credibility and p.o.'s walk hand-n-hand at this point. So if'n you believe the c.c.'s you set your strategy and play accordingly. I don't see much downside potential at this point, maybe one last bit of "frothiness" due to aforementioned margin calls that may be remaining today. But having said that I don't see much positive pressure, either, despite some rather interesting large block buys that occurred at periodic intervals yesterday. Bottom line? Someone's using this negative period to bottom fish, but most everyone else is awaiting those p.o.'s. All will be forgiven, me thinks, from the historical perspective, once they come in. As Mark in times past has said, keep the emotions out, and stand by to pull yer cash trigger, I think we're at bottom. Let's see how today goes... John~

To: kolo55 who wrote (3849)	8/21/1998 9:07:00 AM
From: FMK	Respond to of 27311

Thanks Paul, I agree with your assessment of what to expect. <<By my estimate, they are very close to successfully mass producing these batteries. Just closing the credibility gap, should push the stock to prior levels.>> Prior levels would include the $27 high associated with the $100 million Motorola contract. This time plans do not include an exclusive arrangement with any one OEM that could limit profit margins. Being first to mass produce the best product should be very rewarding. We have good reason to be excited. Regards, FMK

To: kolo55 who wrote (3849)	8/21/1998 9:34:00 AM
From: MGV	Read Replies (1) \| Respond to of 27311

The average NASDAQ stock is down 50% from its high. Is your portfolio down 50% this year? Investing isn't done by looking in the rearview mirror. Investing isn't done by following the advice of a subscription-selling market timer. Lets see if your expectations of nothing happening on either front during this time frame, proves out. Your expectations of something material happening already have been proven to be specious. The most effective evidence of that statement is the persistent, continuing price decline.

To: kolo55 who wrote (3849)	8/21/1998 3:36:00 PM
From: MGV	Read Replies (1) \| Respond to of 27311

Well Intel is currently down over 15% over the high last September, and at one point dropped about 27% off its high. Would you rather be down 15% from the high in a company with 50% margins and 80-90% market share or down over 60% in a company with an atrocious balance sheet, backed against the proverbial wall to obtain financing for short term liquidity and no revenue? Would you believe that sound forward thinking analysis would have put you into EMC, WCOM, DELL, VISX and the others I mentioned back when Wolanchuck was saying he only liked 2 stocks in the entire universe, WAVC and VLNC, both down heavily because of poor fundamentals. Far from rear view investing, is required to avoid VLNC and steer to the stocks Wolanchuck could have recommended. Is your portfolio down 50% Paul?