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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Zeev Hed who wrote (12788)7/5/1999 8:18:00 PM
From: John Curtis  Read Replies (1) of 27311
 
Zeev: LOL! "There might be something that we do not know that provide support to this stock everytime we go under $7/share".

Now THAT's a masterful bit of understatement if ever there was one. This "we not knowing" is as clear as a blue sky in deepest summer. What was your first clue that there's something about VLNC you don't know, eh? ;-) But one thing's for sure, VLNC's range bound, so I play it accordingly with a certain percentile of holdings, just the same as I do a couple other holdings that suffer the same tendency. Uncle Sammy's gonna LOVE me this year.....sigh....

But since you're here for your own selfish reasons(no one spends times on threads not relevant to their own particular interests), and I'll guess it's like mine, one based on profit, my suggestion is you consider the same tactic until such time as more information can be gleaned. That's if you've the stomach for this aspect of the game. The odds say VLNC will stay range bound until such time as the market is provided with substantive data.

Now....about those OEM p.o.'s with $$ attached....

John~
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