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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Larry Brubaker who wrote (13587)8/10/1999 11:17:00 PM
From: Zeev Hed  Read Replies (1) of 27311
 
Larry, you got to admit that VLNC once more retreated from the $5.25, timidly, yet it bounced. What bothers me is the "calendar", the CC is in two days and I doubt that the spirited rally we got on the close today in the market in general will last much more than two hours in the morning. If VLNC got "the goods", it should hold its Maginot line, if it does not, we'll know soon enough.

Zeev
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