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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: J. M. Burr who wrote (12054)6/11/1999 8:08:00 PM
From: John Curtis  Read Replies (1) of 27311
 
J.M.: I gotta go with you on this one. We're coming up on options expiration week, which should add a footnote of volatility to an otherwise very bland VLNC trading pattern. So I'm right there with ya with a bouncy bouncy limit buy down around $6.75 or so. Will it hit? My expectation is it will. Will it go down any further? My expectation is it won't.

And all else being equal, this is but round 6 of a bouncy bouncy cycle well established since January. I've no reason to think it has been rescinded, so until we're into the July time frame, let's play it accordingly, eh? By the way, the Energizer conversation is interesting, but merely fanciful speculation which I choose not to indulge......now how'sa 'bout them p.o.'s.... ;-)

Everyone have a great weekend.

John~
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