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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Larry Brubaker who wrote (15558)10/30/1999 12:25:00 AM
From: Rich Wolf  Read Replies (2) of 27311
 
Larry, Hate to puncture your balloon, but the major resistance from the short coalition on the upside has dissipated. Over the next few weeks, the stock has far more upside than downside potential.

In either case, the current trading is just noise compared to the proper long-term valuation, once POs validate the desirability and profitability of the product.

Longs would do well to continue to load up on shares before the remaining overhang of uncertainty dissipates...

Smile, Larry, it's a wonderful world. You're looking on a company with a very bright future embarking on a successful enterprise... with an upwardly mobile stock price.
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