VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: P. Ramamoorthy who wrote (24374)	6/8/2001 12:56:00 PM
From: John Curtis	Read Replies (1) of 27311

Well, so far it's a case of being wrong and right all at the same time. That is, the market in general is moving south so if'n VLNC was tracking true with it then it should have also moved south. But it's doing its inverse "thang." At least......so far. ;-) There isn't really all that much activity going on with VLNC, either from a buying or selling standpoint. But such as there is appears to be floating the equity higher with HRZG and NITE, for example, supporting the buy side. Beyond that there's not much more than onesies and twosies from a buy/sell standpoint. Except between $9.20 and $9.5 where various players have drawn a ~10K share sell side stand. Bottom line? The equity didn't hit my buy-in target before it turned north, so I'm just holding my core position and watching it carefully to see where to from here. Let's see how it plays out.... John~

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