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


To: wm sharp who wrote (10890)4/30/1999 7:57:00 AM
From: Zeev Hed  Read Replies (1) | Respond to of 27311
 
wm, are you implying that owners of VLNC should have a religious zeal that does not allow them to change their opinion when a company they are invested in fails to perform? That post by Larry is from October, after the stock showed significant technical strength and before it failed to deliver on the "material order" in January of this year, and before the floorless issue became evident, he was then bullish, and now, due to failure to deliver on promise he is bearish, he might turn (and so may I) bullish on a dime, if the company delivers either a nice PO and /or a non dilutive financing.

Falling in love with a stock to the point of disregarding the failings of the company is quite dangerous, and I think that Larry change of mind indicates he is not falling in love with his investments.

Zeev