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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: FMK who wrote (467)5/28/1997 2:18:00 PM
From: Paul Dubsky   of 27311
 
Thanks for the post. Couple of questions:

1) Where did you hear "Don's latest" comments? There is no doubt that this stock wants to fly. With any kind of positive news, the funds will be buying en masse as you've clearly indicated. Just waiting around....

2) I don't completely understand your reference to Line 2 being in Italy at a manufacturer's location. I assumed that all lines were located in the Northern Ireland plant.

3) The recent weakness is painful (from 10 to 8.5) but, necessary to form the next base from which to rise from. I continue to speculate that "if I had sold at 10 and bought back at 8.5" I'd have felt better. Of course I would, but that's 20/20 hindsight, and in all likelihood, when the rise commences, it will be tough to play this one as a trading stock. Buy and hold (7 average to 50).

Appreciate your posts and insight.
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