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

To: I. N. Vester who wrote (8309)	2/14/1999 10:30:00 AM
From: John Curtis	Read Replies (1) \| Respond to of 27311

I.N.: Hear! Hear! And me thinks this time around that's exactly what's happening. Slow, gradual accumulation......a much better way to go, eh? John~

To: I. N. Vester who wrote (8309)	2/14/1999 10:53:00 AM
From: J. M. Burr	Read Replies (2) \| Respond to of 27311

A good post. I am wondering if there is one more dip in the future? For me, Monday will be a very big day; I think it is quite possible that I can sell at 7.5, but do I want to take profits just at a time when there are myriad indications that VLNC may really be something? Decisions, decisions! I have almost convinced myself to buy heavy on Monday and then throw this baby in a safe deposit box and forget about it for three or four years. As I have said before, playing VLNC is like driving blindfolded from LA and making a wrong turn and ending up at Las Vegas rather than Henderson. Good luck to Diamond Jim and you other gamblers!

To: I. N. Vester who wrote (8309)	2/14/1999 11:54:00 AM
From: FMK	Read Replies (1) \| Respond to of 27311

I.N.Vestor, I too suffered some losses as a result of the misleading S3 wording and overreaction by the amateurs. You must realize, as I have, that we live in an imperfect world. IMO the stock would be in double digits if the SEC would not have required Valence to register the improved financing, and the legal disclaimers would have been kept in context. After hearing the conference call, we would then be looking forward to a nice move from perhaps $12 to $16 or so and you wouldn't have attacked RAM for expressing his true feelings. I too listened and share the enthusiasm. I particularly enjoyed hearing Lev explain how we are in a dominant position for large portable batteries and should be able to compete very favorably at lower cost with smaller batteries. Without much competition in the laptop area, several large OEM programs underway for months, and production rates already past the breakeven point, I don't think its reasonable to ask people not to buy additional shares. I only wish I had more funds available to add to my own position at this time. So I tend to agree with RAM, but understand your desire for the stock to go up in a straight line. Perhaps it would help if we all restrained ourselves to add no more than 10% of our portfolios in any single day and 30% in any single week, and never to use more than 50% of our available margin buying power such that we can withstand an unexpected drop. This would tend to give more buyers an opportunity to take a position at lower levels before news is announced or instutions get serious. After all, most of us have enough stock already and it would be only polite to stand in line and wait our turns while others get their ham and eggs from the breakfast buffet. The only difference, of course, is that the buffet price doesn't change while we wait in line. So much for the perfect world! Have a good week and don't worry about the price rising too fast. IMO, the pullback that follows could very well land us much higher than we are today, so you could very well be in fine shape if you are already maxed on margin under $7. Best Regards from FMK