VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Zeev Hed who wrote (14427)	9/8/1999 7:47:00 PM
From: Pallisard	Read Replies (1) of 27311

I've been busy all day, sorry I missed the fun. Zeev, this is one of the few times I totally agree with you. I don't think the bulls should become complacent and start buying in at this point. If the short coalition wants to pressure it down again, I say make them short it in the 4's. The more time that goes by, the closer Valence gets to P.O.'s - reminds me of the reverse of a call expiration with the shorts on the wrong side. If the lower 5 area holds, then we're probably good for about 15 trading days of uptrend and consolidation in which time Valence may realize some very positive successes. And that would be an obvious end to the "floorless boogie man". But if CC and the shorts still have the disposition and ammunition to get it back into the 4's, then I'm a buyer.

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