VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Tickertype who wrote (18981)	4/3/2000 8:46:00 PM
From: Zeev Hed	Read Replies (2) of 27311

Ticker, I think that MSFT troubles served as a trigger. The market was vulnerable and was just looking for an excuse. Many stocks in the last few weeks have broken major support levels (just as VLNC has) each of the groups in each of the stocks rationalizes these breaks on some MM's activity, or a special interest group, but maybe, just maybe, there is a change in attitude which results in changes in valuations. It started when it was "discovered" that many "e-tailers" just will not have enough money to stay afloat, and the market decided to no longer be "generous" with such companie, and from there it is going through all sectors like fire. Zeev

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