VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Zeev Hed who wrote (20684)	7/27/2000 10:03:27 PM
From: John Curtis	Read Replies (1) of 27311

Zeev, et.al.: Earlier today I happened to catch some commentary from one of the talking heads of CNBC, wherein they were discussing certain historical realities. Historical realities? Uh huh. The reality of the market trending higher through roughly mid-July, at which point it proceeds to retrench by an average of 15%. Based on today I'd say the markets are acting right on schedule. However, given the news out of such as WCOM, AMZN, et.al., 15% retrenchment may be an optimistic number. ;-) We're just going to have to wait and see. Ultimately it comes down to this...keep aggressive investing reigned in, and for Pete's sake don't exercise any margin gambits!! IMHO, of course. John~

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