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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: John Curtis who wrote (761)7/9/1997 9:54:00 AM
From: FMK   of 27311
 
Thanks John, for confirming Cal Reed's comments. For him to state that publicly, in my opinion, carries a lot of weight. It confirms what I heard about 2 1/2 months ago regarding 300 recharges. Knowing that and similar information could help explain my constantly upbeat opinions over the same time period!

Has anyone heard Don Wolanchuk's latest evaluation? We seem to be working toward his 10,000 prediction for the Dow. As were recently posted, recent numbers from the conf. call appear to support his $60 -$100 prediction for Valence!

On a related matter, I found out that the Russel 3000 is the combination of the Russel 1000 and 2000 representing 98% of the stocks. It is available on a subscription basis together with the 2500 which is the 2000 plus the bottom 500 of the 1000. Like the 2000, they are analysts tools that provide another perspective. I heard that VLNC is very likely to be added to the 3000 and that we should hear in about 3 weeks.

Regards! FMK
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