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

To: FMK who wrote (6892)	1/8/1999 2:32:00 AM
From: MGV	Read Replies (2) \| Respond to of 27311

And you fmk should try very hard to respond w/o emotion and w/ a semblance of thoughtful, intelligent reasoning to the issues raised. As for MIKL, it has rewarded those who have owned it since 1997 at a more than 50% annual compound rate. Its done that without the risks and costs entailed in trading in and out. The severe losses you have acknowledged that you suffered in VLNC would have been avoided in MIKL. Second, there have been a number of other stocks that have been extremely rewarding in the past months when MIKL has underperformed (and many more in the past years when VLNC has underperformed). You might want to look around the investment universe. Both you and your friend, the market timer, could have done much better.