VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Emmo who wrote (2931)	5/20/1998 12:31:00 PM
From: Jay Lowe	of 27311

Well, that's what I said 2 days ago ... the current news is basically no news, relative to the prevailing expectation. I think it's a hoot that we spiked to 7 1/4 ... almost exactly the same as the last CC spike. This is a growth situation. Take Lev at his word ... it will be as much as three months, perhaps, before design-ins are announced with volume POs. No customers were named, no favorable hints about specific design-ins, much stress on getting POs. You notice the price dropping during the CC? The news was good, maybe very good. But better news was priced into the stock at 6 or 7.

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