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

To: Logain Ablar who wrote (10341)	4/11/1999 10:21:00 AM
From: Zeev Hed	Respond to of 27311

Tim, right now I am an observer, the presence of the zealots makes me look like a "lightning rod". Some of those zealots I do no longer read their posts, nor respond to their ranting, thanks to the "next" button. Your assessment is quite accurate except for the boundaries. If they succeed, they will eventually get to a PSR of 3 or more, that could easily be in the $30 or more range within few years. If they fail and financing is sought and only the toxic variety is available, than Wexler's doom prophecy of $1 could be in the cards. Right now, I know not what the outcome will be, but getting in on a break of $11 (or even a break of $8 to $8.5 on very heavy volume) seems to me to be a rational policy. Zeev