VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: John Curtis who wrote (14407)	9/8/1999 2:15:00 PM
From: kolo55	Read Replies (3) of 27311

I disagree John... Death Spiral is over. It took the selling coalition over 5 weeks to drive the stock down from 6 to almost 4. We are now trading just a fraction below 6 as I write this. It took only four days for the stock price to rebound. The selling coalition sold it down below where it would otherwise be. Now they are out of ammo, and the GAME IS OVER. Also, anyone who has sold steadily since July 27th has a significant loss on the trades... they have to ask themselves whether they want to throw good money after bad, or cover? BTW- I called this one right. Paul

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