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


To: Eli74 who wrote (10878)4/29/1999 10:53:00 PM
From: FMK  Read Replies (3) | Respond to of 27311
 
Eli- you are far off the mark by attacking +Money for his post. I have known this individual for over two years and spoke with him often at his former institution, that has undergone a merger. I have since spoken with him at his firm that is the product of the merger.

I recall his comments about convincing members of the combined, more conservative institution to invest in Valence. I would interpret the the knowledge that he has indeed convinced them as quite positive, since they wouldn't have been unless he presented a strong case. Their "toe wetting" investment may help explain the 500k plus volume a few days ago.

In one of our conversations, He mentioned that in his 35 plus years as an investment professional, he has never encountered a stock with more upside potential.