VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: shasta23 who wrote (723)	7/3/1997 8:44:00 AM
From: John Curtis	of 27311

Stefan: $7ish is a resistance point, but if you take a look back a few months ago it was hovering consistently around the $6 level. Therefore I see that as the next "floor" point(or true resistance point). However, it seems like everyone who was gonna go has went, ;-), the rest are still here because the news was essentially good from VLNC, just an emotionally palid presentation that could be summed up as "they're on track and can make batterys." The Street tends to like lot'sa RA!RA! in presentations. Me? Just give me the facts, I don't need a "dog and pony" show. Regards! John~

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