VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Paul Dubsky who wrote (425)	5/23/1997 1:13:00 AM
From: town12	of 27311

Last 1/2 hour when it drop. i think i saw a big block 15k share on the wire. I think this must be a buy because it keeps VLNC stay at $9 else you definitely see it drops down to ~8. It look like VLNC has a support at $9 right now. If it could stay at $9 for couple days or more, then we may see another run up when it is getting close to June. I think it's normal to see this kind of profit taking ( you talking about from 7 to 10 ! definitely trader will take profit. ) I am in for long term. Every body should ask themself why they are insvesting in VLNC . If you are long term investor, why should you worry about short term moment. Actually every one should be glad since VLNC has moved from 5 some thing to 9. If i was a short term trader i probably already out at $10. If you should not sure, i would sell half of the position to lock in profit. Every one should make your own decision. Also where is FMK ? i have not seen he post anything lately ! i hope FMK did not close out his position. We need some more information from you !

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