Bill Wexler's Dog Pound Message Board

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Non-Tech : Bill Wexler's Dog Pound

REFR 1.554

-4.1%

Dec 8 3:59 PM EST

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To: Zeev Hed who wrote (5468)	12/13/1999 1:30:00 AM
From: Pallisard	of 10293

I understand. I believe the probability of Valence receiving more positive news by mid Jan is excellent. Another PO or an announcement from Hanil or Alliant would rally the stock into the 20's with a firm support at 18-19. In this case I don't think the price would ever "look back". In fact because of all the new investors re-positioned in the stock, I don't see any price below the old high in the low 11's, even without any news. However, in the event that the last half of Jan sees no news and also a market collapse of some magnitude, then you certainly could be correct. IMHO

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