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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: P. Ramamoorthy who wrote (19761)5/16/2000 3:53:00 PM
From: John Curtis  Read Replies (1) of 27311
 
Ram: So the Fed's have implemented Operation Squelch Wealth Effect with a 50 basis point move, eh?

Now to see, next month, the kind of impact it has on slowing things down. Funny how this seems to be just about the only weapon the Fed's have available to use. What's that old saying about when the only tool you've got is a hammer, 'tis amazing how all the world looks like a nail?

Uhh...or maybe I'm paraphrasing a bit.... ;-) Meanwhile, I see VLNC's been moved around a little bit. Not much, but a little. It looks like "management" is still keeping things flowingly organized; albeit volume IS up in a noteworthy fashion today. So it goes...

John~
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