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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: FMK who wrote (501)6/5/1997 3:05:00 PM
From: Paul Dubsky   of 27311
 
Good news indeed! Vlnc has held very well the last several trading days on down days in small caps. I infer that current holders, such as yourself and myself, are sitting tight, waiting for the big move above 10. The fact that the company has not released any news since it has run from 6 to 9 (50%, market value now at just under $200M) and has stabilized in the 9 range, bodes very well indeed! Remember the last time VLNC based around 7, it shot to 10 in no time. Basing at 9 looks like it's primed to shoot to 12 anytime.

Sorry for the generalities but, that's all I have to offer right now.
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