VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: John Curtis who wrote (20686)	7/28/2000 1:01:53 AM
From: Pallisard	Read Replies (1) of 27311

John and all, found this interesting post on Yahoo FWIW: Today's drop by: globalstocktrader (50/M/Chicago, IL) 7/27/00 10:38 pm Msg: 30975 of 30982 As a daytrader, I get plenty of Emails every day from individuals and groups of other day traders with investment ideas for the day. Early on many were looking for coattail plays on Nokia's troubles. Some Hasty Harry (I know who he is) did a simple search and found Nokia mentioned in a VLNC post here as having their battery supplied by Valence. He Emailed many others, including me, that VLNC was a short candidiate due to Nokia's woes. I didn't read the Email until after the market closed, just now actually. It was the kind of day when the action was furious enough that I wasn't looking for suggestions. Anyway, I composed a quick lovenote explaining that Nokia phones do not use VLNC batteries and sent it through the same rounds. I suspect today's imbalance was partially attributed to daytraders who fell for this Email. No wonder most daytraders can't consistantly make a living. I think we'll see some very lucky daytraders quickly coving in the a.m.. Global

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