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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Zeev Hed who wrote (9149)3/12/1999 1:48:00 PM
From: Pallisard   of 27311
 
I agree, Zeev, that the price seems to be indicating a static situation for the moment. But the excessive secrecy exhibited by the company toward anything related to negotiations with OEM's may not allow enough "leakage" to influence the price. The 11,000 share bid block just under 7 erects a temporary floor, for the day. It was there earlier and was removed for a while, indicating a single buyer. The price is a difficult call right now, but I still think it will hold in this area.
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