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

To: Chisy who wrote (8506)	2/18/1999 2:00:00 PM
From: P. Ramamoorthy	Respond to of 27311

Chisy - Referring to your remark about brokers not being able to understand, Most brokers and analysts do not comprehend technology. (3 years ago, most analysts were valuing the internet sector like radio stations due to a lack of a business model for the internet companies. 1 or 2 years later, Morgan Stanley or someone came out with a share value for Netscape at 170 or 140.) They understand earnings, balance sheets, sales, etc. These people will join the VLNC party after the summer or late in the year after they read some numbers in VLNC 10Q's. As individuals (with technical knowledge, most people in this thread and SI forum) we have the chance to enter early and get the most cap gain. Of course, we took a lot of risk, as evident in your earlier posts and mooter's response. Now you know the rest of the story that is about to unfold. Enjoy the ride! Looks like I may get my 9 target this week. Ram