VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: hcirteg who wrote (16293)	11/22/1999 2:16:00 PM
From: P. Ramamoorthy	Read Replies (1) of 27311

Hi hc, I had trouble with SI server. I see my post was posted thrice. Yes, I checked the chart last weekend. It looked good. The indicators were very strong. So I posted. Today price move is more than I expected. It resembles like "a spring coiling back with force" when "artificial selling pressures" disappear. Now the industry watchers are getting in. After 10-11, the rest of the crowd will join, with "greed" kicking in. Considering where VLNC is now with regard to commercial production and a serious PO, last year rally to 11 1/2 was due to speculation. There is more fuel now to this rally compared to last year. Good luck to all longs. Ram

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