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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: drbailey who wrote (18980)4/3/2000 7:55:00 PM
From: Tickertype  Read Replies (2) of 27311
 
Yes, today was anything but pleasant. I guess I'll never understand this market psychology thang (to borrow one of John's favorite words), because if the Nasdaq sell-off was the result of problems faced by one company, even if a prominent one like MSFT, then why was everyone throwing away their shares in most other companies too? Or is there more to it than that?

I don't like the way the after market trading ended up slightly below our closing price - what will happen if tomorrows verdict really dumps on MSFT? Will the Nasdaq suffer even more, and drag our little stock down with it, or has that possibility already been factored into the market?
Anyone have an optimistic forecast?

- T -
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