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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: hcirteg who wrote (4552)10/26/1998 11:19:00 AM
From: Pallisard   of 27311
 
To all: I think a lot of small traders were planning to play the old
cycle again last week, but this time it didn't behave. Now they're
all jumping in to cover, plus lurkers who've decided it's getting
ripe, and possibly a few institutions who want to get in early to
keep their average down. This huge volume speaks volumes. Nevertheless
it's a little early to start the celebration; how it sustains itself
today will be a telling sign.

Pallisard
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