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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Chisy who wrote (17918)1/30/2000 10:35:00 AM
From: Zeev Hed  Read Replies (4) of 27311
 
Chisy, we will rest easier if AG indicates that is the last rate hike, however, he may indicate that until the economy slows, he will not relent, than the market might not smile. We have gone through three tightening steps, and defensive measures in the market are typically called after just three such moves (according to some counts, 4 tightening measures).

Zeev
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