VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Mark Johnson who wrote (2646)	4/13/1998 10:29:00 PM
From: Larry Brubaker	Read Replies (1) of 27311

Mark: I've decided to trade VLNC until there is better info. on the fundamentals. I bought on Thursday when I saw all of the volume and price movement, but sold today when the rally fizzled out. I thought on Thursday the move meant something, but not so sure now. The technicals definitely improved on Thursday, but not today having closed near the low for the day on heavy volume. But who knows, the stock certainly is in play, and could start right back up again tomorrow. Regarding whether it is a $100 stock, it certainly is not right now. However, I wouldn't say its impossible a couple years down the road, if all goes well. Let's hope all of this activity of the last couple days is a harbinger of good news.

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