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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: FMK who wrote (716)7/2/1997 1:51:00 PM
From: Matthew Leo   of 27311
 
I would not argue the wisdom of Valence mgmt. giving investors their best, conservative estimate of production schedule.

As to this slight burst in the speculative bubble, I would think one might want to view the run from dec. 4's to recent 10's as a glimpse
into the future of Valences stock price as actual news is released by the company.

There are so many good things that are about to happen that I will say again, it is safer to be in the stock then out. Buy on dips and hold
for now.

best wishes - matt
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