VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: MGV who wrote (19960)	6/5/2000 9:06:00 PM
From: Zeev Hed	Read Replies (1) of 27311

MGV, patience, VLNC is still holding above support, and is actually coiling up. I cannot say which way it will go, but when it does, it will probably be for more than 30%. By the time the run starts, it may be too late to get in, and if it breaches its support at $14, it may make a rapid run to $11, and maybe even single digit. I do not know which way it will go, but it is not a foregone conclusion yet that it is going to be down. Zeev

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