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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Peace who wrote (20192)6/22/2000 3:52:00 PM
From: Pallisard  Read Replies (2) of 27311
 
Peace, if it manages a close above 18 1/2, it will have broken thru the first support established on the first spike, and on very healthy volume. The recent prolonged trading in the 15 area has to be regarded as a steady accumulation held in check by MM's. Valence is literally a screaming buy, IMO, and the disclaimers have momentarily retreated to the sidelines to invent new scenarios. When the news [of whatever] is announced, $26 seems attainable on the first rally. Any thoughts?
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