VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Luckyman who wrote (19623)	5/10/2000 11:13:00 AM
From: John Curtis	Read Replies (1) of 27311

Meanwhile I see the "thrust and parry" of the ask gambit is once again being played out. Yesterday the bulls made a foray into ask gambit territory; initiated by the p.o. news. Of course the ask gambit team then came out in spades to fend them off and drive the bid back down to centerline. Today it appears, perhaps using the MOT/IBM news, the ask gambit team is making their own foray. Bottom line? Tug it up, tug it down(like a couple of angry children fighting over a toy), VLNC seems stuck, more or less, at centerline(~$15.25 or so). The only thing I now wonder is how long this game lasts before both sides allow market forces to take command? John~

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