VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: HQ who wrote (16983)	12/13/1999 3:30:00 PM
From: John Curtis	of 27311

To all: Technically speaking VLNC's doing very well. It pulls back to a weee ways above it's 13 day moving average and then bulls ahead. So far...so good. And if'n you've by chance taken the opportunity to add a traders block, ahem, then you could be up around 2 points today. But for those exercising the W. Buffett strategy...well...I hope you at least thought Mooters advice was sound and did some buying there at ~$15 1/4 or so. 'Cause right now it be looking like the correct call. As for N.I.'s line(s)....well...to my way of thinking it's logical to presume VLNC has been storing batteries, as inventory, for a little bit of time. Correct me if'n I'm wrong here but in a mass-manufacturing environment you want a certain "pool" of available product(s) ready, juuuust to be able to react quickly to customer demand. Bottom line? 2000, and beyond, is lining up to be VERY interesting. Now back to some vacation time long overdue... Regards! John~

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