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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: P. Ramamoorthy who wrote (22419)11/20/2000 3:59:53 PM
From: John Curtis  Read Replies (2) of 27311
 
Ram: There's good news, and bad news, in all of VLNC's recent events. The good news is obvious. And Lev's move to higher plains of visibility cannot be construed as bad. Unfortunately all of this is coming full in the teeth of a roaring train-wreck of a market.

But the good news, again, in this is it's helping to keep the underlying equity's price in something of an equilibrium state. That is, it remains solidly range bound despite everything around it getting slaughtered. This year has seen one hell of a market, eh? Whooosh!

John~
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