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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: John Curtis who wrote (22486)11/30/2000 12:50:31 PM
From: Jibacoa  Read Replies (2) of 27311
 
<<If today cannot push VLNC below $11...well....>>

Well...the 11 level support didn't hold.Today's intra-day low of 9 9/16 at 12.25PM was well below the April 20 L of 11 1/8 or the October L of 11 3/4. Volume has expanded to 772,800 so far.

As you said we may have to look for a new entry point. I suppose we may expect to see a rally to the 11 3/4 or 12 level in the nearest term.

Good luck to all.

Bernard
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