VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: jean1057 who wrote (4494)	10/22/1998 5:50:00 PM
From: hcirteg	of 27311

Jean Claude- I couldn't agree more. The last PR was very positive and if they would only announce some Personnel moves, I think the stock pops a buck. We are only 16 months away from when this stock was close to a $10 stock. Were we "on the cusp" of production back then? Obviously not. I see this stock as a very low risk/reward right now. Thanks to all you "technical" analysts who say the recent "chart" confirms the bullish sentiment. Finally, who would sell right now? Why not wait until December or January to see if they can meet the terms of the financing? So, I see any more positive news, and I think the demand outweighs the supply. I said earlier that I beleive the sideliners have their fingers on the trigger, and are waiting to see if they can just get in under the wire. Look at the 1kand 5K trades today...there's lots of them. The stock traded in a 5/16 range all day...I think that this indicates the stock was under accumulation. I wouldn't doubt it. This is a weird time for all of us longer timers...but as JC would say, speculating is 90% of the fun. HC

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