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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Pallisard who wrote (25335)2/12/2002 12:31:36 PM
From: hcirteg  Read Replies (1) of 27311
 
Pallisard-

Actually, no I don't expect much follow through on any analysts comments these days on any stock. Saying that, they did come out and re-iterate their strong buy this AM.

It's better than "we're dropping coverage" or "reducing our outlook." Those things do happen and VLNC has not (recently) done anything to change their opinion.

I look at it as nothing said negative is a positive.

FWIW...I am surprised that the buyers keep stepping in at $4. If we can hold here, we should have a nice base while we await the next event which is the CC this Thursday.

Hey...someone here has to stay optimistic!

Take care-

HC
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