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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: John Curtis who wrote (955)8/13/1997 12:04:00 AM
From: Gordon Quickstad   of 27311
 
Your comment about the stock wallowing sideways with a slight downward bias ... pending any new developments. I would concur with your comment - the last part.

In response to the first question of the conf. call which was asked by Hugh Covington of Covington & Assoc. about sales:
Mr. Reed said "there are no contracts to announce UNTIL THE NEAR FUTURE" That, I believe, was no slip of the tongue. I think I'll be taking that one to the bank in the NEAR FUTURE. Now, I don't know when the NEAR FUTURE is, but I'll bet it's before Sept. 13, the day of reckoning for Morty Cohen's WSJ dartboard pick of VLNC. Both VLNC and Morty would like to see the stock up. Morty for the benefit of Clarion Group and VLNC for a new stock offering.
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